OPEC
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OPEC+ meeting rescheduled
US, WASHINGTON (NEWS OBSERVATORY) — The OPEC + video conference was postponed from April 6 to April 9, spokesman for…
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News
OPEC Tech Committee may pass in selector mode due to coronavirus
US, WASHINGTON (NEWS OBSERVATORY) — The OPEC + Technical Committee, scheduled for March 18, may go through selector mode because…
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News
OPEC again reduced its forecast for growth in global oil demand
US, WASHINGTON (NEWS OBSERVATORY) — The Organization of Petroleum Exporting Countries (OPEC) has reduced its forecast for global oil demand…
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OPEC and Russia killed shale optimism
US, WASHINGTON (NEWS OBSERVATORY) — This weekend, hope died on the global oil market. Rather, a certain type of hope,…
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News
It’s not about shale oil – What is Russia seeking?
US, WASHINGTON (NEWS OBSERVATORY) — We were pleased when Russia entered into an alliance with OPEC oil producers at the…
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Oil collapse: Russia-OPEC agreement still possible
US, WASHINGTON (NEWS OBSERVATORY) — WTI oil rebounded more than 8.5% to $ 33.62 a barrel on Tuesday, after falling…
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OPEC countries lost about $ 500 million on oil prices collapse
US, WASHINGTON (NEWS OBSERVATORY) — OPEC countries lost about $ 500 million a day against the backdrop of a severe…
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Brent crude traded at just above $ 36
US, WASHINGTON (NEWS OBSERVATORY) — The cost of futures for Brent crude oil for delivery in May 2020 during trading…
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OPEC seeks to reduce oil in major crisis talks with Russia
US, WASHINGTON (NEWS OBSERVATORY) — OPEC is in crisis talks with its allies on Friday after the organization informed Russia…
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Oil falls to lowest level since 2017
US, WASHINGTON (NEWS OBSERVATORY) — Oil fell 1 percent on Friday as worries about global demand for crude and economic…
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