Tag: OPEC
OPEC Thinks Oil Prices Are Too High
Yesterday, West Texas Intermediate touched $95 per barrel for the first time…
OPEC+ Fails To Reach Production Targets In January
OPEC has again failed to meet its own production targets again in…
OPEC’s Shrinking Capacity Could Send Oil Above $100
As the OPEC+ group unwinds its production cuts, the oil market has…
Oil Jumps As OPEC+ Leaves The Door Open To Revisiting Supply Increase
Oil prices rose by 3% early on Friday, extending gains from late…
The Real Reason OPEC+ Refused To Boost Production Further
A year ago, the oil industry was struggling to stay afloat, with…
Saudi Arabia pushes back on UAE opposition to OPEC+ deal
Saudi Arabia's energy minister pushed back on Sunday against opposition by fellow…
Fitch raises oil price forecast for 2021
Fitch has raised its forecast for oil prices in 2021 to $63…
OPEC Raised Oil Production By 400,000 Bpd In May
OPEC’s crude oil production rose by 390,000 barrels per day (bpd) to…
OPEC Production Falls To Three Decade Low
OPEC’s oil production in June came in at the lowest level since…
Oil prices are dropping fast, can OPEC come to the rescue?
From stocks to bonds and currencies, the coronavirus outbreak is rocking all…
