Organisation of the Petroleum Exporting Countries - OPEC

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Oil prices may flatline in 2017 on high inventories, says Fitch

Oil prices may flatline in 2017 on high inventories, says Fitch

Saturday, 3 December 2016 12:48 AM

Ratings agency says it is likely to be 2020 at least until prices return to long-term equilibrium price of $65 per barrel

Revealed: how Putin, Khamenei and Saudi prince got OPEC deal done

Revealed: how Putin, Khamenei and Saudi prince got OPEC deal done

Thursday, 1 December 2016 7:14 PM

Russian President plays key role in helping rivals Iran and Saudi Arabia set aside differences to forge agreement

Gulf markets firm as OPEC deal lifts state revenue prospects

Gulf markets firm as OPEC deal lifts state revenue prospects

Thursday, 1 December 2016 6:45 PM

OPEC deal to cut oil production could allow Gulf governments to ease austerity policies slightly

OPEC agrees first oil output cuts since 2008

OPEC agrees first oil output cuts since 2008

Wednesday, 30 November 2016 5:45 PM

Deal agreed after Saudi Arabia said it was prepared to accept 'a big hit' on production

Saudis signal compromise for Iran as OPEC debates output cut

Saudis signal compromise for Iran as OPEC debates output cut

Wednesday, 30 November 2016 2:19 PM

Saudi Energy Minister Khalid al-Falih says Riyadh would agree to Iran freezing production at pre-sanctions levels

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

Iran, Iraq at loggerheads with Saudis ahead of OPEC meeting

Tuesday, 29 November 2016 6:09 PM

Talks fail to bridge differences between OPEC's de facto leader, Saudi Arabia, and the group's second- and third-largest producers

OPEC makes last-ditch bid to save oil deal as tensions grow

OPEC makes last-ditch bid to save oil deal as tensions grow

Monday, 28 November 2016 2:09 PM

Top exporter Saudi Arabia says markets would rebalance even without an agreement

Oil prices regain some ground after steep falls ahead of OPEC meeting

Oil prices regain some ground after steep falls ahead of OPEC meeting

Monday, 28 November 2016 9:03 AM

Recovery came after prices fell more than 3 percent on Friday, and further still early on Monday

IEA expects oil investment to fall for third year in 2017

IEA expects oil investment to fall for third year in 2017

Thursday, 24 November 2016 9:36 AM

Organisation of the Petroleum Exporting Countries meets next week to try to finalise to output curbs

OPEC to debate oil output cut next week but Iraq, Iran hesitate

OPEC to debate oil output cut next week but Iraq, Iran hesitate

Tuesday, 22 November 2016 6:29 PM

Sources say deal's success hinges on an agreement from Iraq and Iran, which are far from certain to give their full backing

Saudi energy minister says optimistic OPEC will formalise Algeria agreement

Saudi energy minister says optimistic OPEC will formalise Algeria agreement

Thursday, 17 November 2016 3:14 PM

Khalid Al Falih says market on the way to becoming balanced

Oil market surplus may run into 2017 if no production cut, says IEA

Oil market surplus may run into 2017 if no production cut, says IEA

Thursday, 10 November 2016 4:52 PM

International Energy Agency said it expects non-OPEC production to grow at a rate of 500,000 bpd next year, compared with a 900,000-bpd decline this year

Energy sector needs more investment to avoid supply issues, says UAE energy minister

Energy sector needs more investment to avoid supply issues, says UAE energy minister

Thursday, 10 November 2016 9:47 AM

World not ready for another price 'shock', says UAE's Suhail Al Mazrouei

Oil prices bounce as OPEC promises a cut is on the cards

Oil prices bounce as OPEC promises a cut is on the cards

Monday, 7 November 2016 6:06 PM

Secretary-general of OPEC said the group was committed to an output-cutting deal made in Algiers in September

Saudis threaten to raise oil output again as sparring with Iran returns

Saudis threaten to raise oil output again as sparring with Iran returns

Friday, 4 November 2016 4:42 PM

Sources say Riyadh threatening to raise oil output steeply to bring prices down if Tehran refuses to limit its supply

OPEC officials fail to agree on plan to reduce oil production

OPEC officials fail to agree on plan to reduce oil production

Sunday, 30 October 2016 9:03 AM

High Level Committee of experts will meet again ahead of the next meeting of OPEC ministers to "finalise individual quotas"

Saudi Arabia, Gulf OPEC 'ready to cut oil output by 4%'

Saudi Arabia, Gulf OPEC 'ready to cut oil output by 4%'

Thursday, 27 October 2016 5:00 PM

Sources say offer made by Gulf energy ministers to their Russian counterpart at meeting in Riyadh

OPEC chief optimistic on reaching oil output deal in November

OPEC chief optimistic on reaching oil output deal in November

Tuesday, 18 October 2016 8:31 PM

Mohammed Barkindo says 'all the building blocks will be in place in a timely fashion for the implementation'

Kuwait's acting oil minister expects output

Kuwait's acting oil minister expects output "understanding" at Nov OPEC meeting

Tuesday, 18 October 2016 9:11 AM

Anas Al Saleh says prices of between $50 and $60 over next 10-15 months are “logical and acceptable”

Cautious view of OPEC deal dampens oil price revival hopes

Cautious view of OPEC deal dampens oil price revival hopes

Saturday, 15 October 2016 12:12 AM

Oil analysts are not convinced that OPEC's proposal to cut output for the first time since 2008 will result in much higher prices


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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