Organisation of the Petroleum Exporting Countries - OPEC

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Output cuts set to lower oil inventories, says Saudi's Falih

Output cuts set to lower oil inventories, says Saudi's Falih

Sunday, 22 January 2017 2:36 PM

Producers have pledged to lower output beginning this month in order to support prices

OPEC points to growing stability in oil market

OPEC points to growing stability in oil market

Thursday, 19 January 2017 10:58 AM

Oil supply surplus has dropped in 2017 as producers comply with last year's accord

Saudi Arabia pledges adherence to oil cut, confident others will

Saudi Arabia pledges adherence to oil cut, confident others will

Monday, 16 January 2017 7:52 PM

OPEC and Russia and other non-members will curtail oil output by nearly 1.8 million bpd, initially for six months

Oil prices will be much more volatile in 2017, says IEA

Oil prices will be much more volatile in 2017, says IEA

Monday, 16 January 2017 12:07 PM

Fatih Birol, executive director of IEA, said he expected 'a rebalancing of the markets within the first half of this year'

Despite Saudi signals, OPEC unlikely to deliver all promised oil cuts

Despite Saudi signals, OPEC unlikely to deliver all promised oil cuts

Friday, 13 January 2017 11:23 AM

OPEC and the independent producers are cutting production to remove a global glut and prop up prices

Saudi keeps February oil exports steady to most buyers in Asia

Saudi keeps February oil exports steady to most buyers in Asia

Thursday, 12 January 2017 9:40 AM

State oil giant Saudi Aramco reduced February term supplies of mainly heavy crude to Indian refiners, as well as to Malaysia's Petronas

Too soon to decide on extending supply deal, says UAE oil minister

Too soon to decide on extending supply deal, says UAE oil minister

Wednesday, 11 January 2017 2:57 PM

Suhail bin Mohammed al-Mazroui says it would be premature to decide whether an agreement should be lengthened

Oil prices edge up on reports of Saudi supply cuts

Oil prices edge up on reports of Saudi supply cuts

Wednesday, 11 January 2017 9:47 AM

Prices for Brent crude futures, the international benchmark for oil prices, were trading at $53.75 per barrel, up 11 cents from their last close

Oil markets torn between Saudi led supply cuts, rising output elsewhere

Oil markets torn between Saudi led supply cuts, rising output elsewhere

Tuesday, 10 January 2017 9:27 AM

Prices for Brent crude futures LCOc1, the international benchmark for oil prices, were trading at $54.99 per barrel, up 5 cents from their last close

OPEC oil output falls from record high ahead of planned cuts

OPEC oil output falls from record high ahead of planned cuts

Thursday, 5 January 2017 5:15 PM

Supply from OPEC in December fell to 34.18 million barrels per day, according to survey

Oil in 2017 seen capped below $60/barrel by strong dollar, US shale

Oil in 2017 seen capped below $60/barrel by strong dollar, US shale

Wednesday, 4 January 2017 9:17 AM

An acceleration in the market rebalancing could be achieved and the process could be completed by mid-2017 if the oil producers group sticks to the terms of the historic OPEC agreement

Oil prices hit 18-month high as markets eye output cuts

Oil prices hit 18-month high as markets eye output cuts

Tuesday, 3 January 2017 4:39 PM

Oil rises above $58 per barrel, buoyed by hopes that production cut deal will drain a global supply glut

Saudi cabinet stresses need to implement oil output cut

Saudi cabinet stresses need to implement oil output cut

Monday, 2 January 2017 4:39 PM

OPEC agreed in November its first oil output cuts since 2008 after Saudi Arabia accepted "a big hit" on its production

Oil prices on track for biggest yearly gain since 2009

Oil prices on track for biggest yearly gain since 2009

Friday, 30 December 2016 7:45 PM

Oil has more than halved since the summer of 2014, when it was above $100 a barrel

Oil prices hold near annual peaks, awaiting OPEC cuts

Oil prices hold near annual peaks, awaiting OPEC cuts

Wednesday, 28 December 2016 2:47 PM

Oil prices rise for a fourth consecutive session on Wednesday to trade above $56 a barrel

Oil edges further above $55 ahead of supply cut deal

Oil edges further above $55 ahead of supply cut deal

Tuesday, 27 December 2016 2:03 PM

Jan 1 brings the official start of the deal agreed by OPEC and several non-OPEC producers to lower production

KSA's oil revenue rises by 46% in 2017

KSA's oil revenue rises by 46% in 2017

Tuesday, 27 December 2016 9:38 AM

The world's top oil exporter expects to collect $128 billion from oil sales in 2017, according to finance ministry

Saudi Arabia crude exports fall to 7.636m bpd in October

Saudi Arabia crude exports fall to 7.636m bpd in October

Monday, 19 December 2016 7:22 PM

Saudi Arabia has maintained high output levels since mid-2014 aiming to defend market share against rival producers

Cost of pump-at-will oil policy spurred Saudi OPEC u-turn

Cost of pump-at-will oil policy spurred Saudi OPEC u-turn

Thursday, 15 December 2016 3:19 PM

Sources say the kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year

Kuwait expects $50-$60 a barrel oil with OPEC deal implementation

Kuwait expects $50-$60 a barrel oil with OPEC deal implementation

Thursday, 15 December 2016 2:01 PM

Kuwait is preparing to restart production from oilfields jointly operated by Saudi Arabia and Kuwait


Related searches

Oil prices fall over doubts that non-OPEC producers will cut output

Monday, 10 October 2016 9:18 AM

Organisation of the Petroleum Exporting Countries plans to agree on an output cut by the time it meets in late November.

New Saudi energy minister shows he takes OPEC seriously

Tuesday, 31 May 2016 2:04 PM

Khalid al-Falih turns up in Vienna, three days before the Organisation of the Petroleum Exporting Countries' meeting

No output quota changes at OPEC meet - Qatar oil min

Thursday, 19 November 2009 11:25 AM

Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.

“Oversupply” causes OPEC to cut production quotas

Monday, 1 January 2007 12:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) is set to cut 500,000 barrels per day (bpd) from its daily production quota due to massive oversupply, according to a top official.

“Oversupply” causes OPEC to cut production quotas

Sunday, 17 December 2006 4:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) is set to cut 500,000 barrels per day (bpd) from its daily production quota due to massive oversupply, according to a top official.

Oil prices stable after OPEC meeting

Sunday, 29 October 2006 4:00 AM

Oil prices have remained at around US$58 a barrel despite the Organisation of Petroleum Exporting Countries' (OPEC) announcement last week to cut its daily production by 5% - a total of 1.2 million barrels...

Opec may increase output further to ease oil prices

Tuesday, 30 August 2005 4:00 AM

The Organisation of Petroleum Exporting Countries (Opec) may increase output by 500,000 barrels per day to ease crude oil prices, which reached a record high of US $70.

Opec considers further output hike

Sunday, 27 March 2005 4:00 AM

THE ORGANISATION of the Petroleum Exporting Countries (Opec) is considering a second output hike, just a week after the cartel raised its production quota at a meeting in Isfahan, Iran.

Opec will not cut oil production as prices soar

Sunday, 6 March 2005 4:00 AM

THE ORGANISATION of Petroleum Exporting Countries (Opec), supplier of more than a third of the world’s oil, will not consider cutting production at a meeting in Iran in a fortnight with prices higher than...

Region’s Opec members agree to keep oil production on hold

Sunday, 6 February 2005 4:00 AM

THE ORGANISATION of the Petroleum Exporting Countries (Opec) has agreed to keep oil output limits on hold, content with crude prices touching US$50 a barrel. Crude prices are up about 40% on last year...

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