OPEC

Venezuela has assumed the rotating presidency of the Organization of Petroleum Exporting Countries (OPEC), Venezuelan Oil [...]

An oil export monitoring mechanism will be part of the discussions under the oil output cut framework deal between OPEC and [...]

Oil producers, including Iraq, are considering reducing a further 1% from the global oil output cut deal to help in [...]

Kazakhstan, Iraq and the United Arab Emirates (UAE) all affirmed their commitment to comply with the global crude oil output [...]

July 11, 2017 // 3 Comments

The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC), set up to monitor the global deal on oil output curbs, will [...]

June 12, 2017 // 5 Comments

Members of the Organization of the Petroleum Exporting Countries (OPEC) will significantly reduce oil production over the [...]

May 8, 2017 // 4 Comments

Iran will follow whatever decision the Organization of the Petroleum Exporting Countries (OPEC) makes at its meeting later [...]

An OPEC and non-OPEC technical committee has suggested a six-month extension of the global oil output cut deal starting from [...]

The Joint OPEC-Non-OPEC Ministerial Monitoring Committee (JMMC) announced in its technical report for January 2017 that OPEC [...]

Expecting an output agreement that will cut excess supply among members of the Organization of the Petroleum Exporting [...]