Page 38 - Opec

Oil rises in choppy trade as Opec supply cuts vie with demand worry

Weaker-than-expected US factory data also added to economic worries

Russia ditches idea of forming joint org with Opec due to US sanctions risk

US President Donald Trump has been a vocal critic of Opec, blaming it for high oil prices and urging it to increase output

OPEC says it replaced Iran oil loss, cuts 2019 demand forecast by 0.3%

OPEC said its oil output fell by only 11,000 barrels per day, month on month, to 32.97 million bpd in November, despite President Donald Trump's reimposition of sanctions on Iran

How Qatar's exit from Opec may help India end its petroleum import pangs

The decision provides India a huge bargaining chip in the oil and gas world of West Asia, though there are some downside risks as well

OPEC to consider Modi's views on slashing oil prices: Saudi Energy minister

Underlining that consumer is an important focus in the meeting, Saudi Energy Minister said main aim is to bring supply demand of crude oil in balance

A looming oil supply glut may make Saudi regret choosing Trump over Opec

The kingdom chose Trump over Opec back in June. Now, the rest of the producer group may want payback

Gulf OPEC members cover most of Iran oil loss after Trump's call: Survey

The OPEC has pumped 33.11 million barrels per day this month, down 160,000 bpd from October, which was the highest by OPEC as a group since December 2016

Risking Trump ire, OPEC builds case for supply cut, warns of glut in 2019

Worried by a drop in oil prices and rising supplies, OPEC is talking again of reducing production just months after increasing it

OPEC, allies may return to production cuts as global inventories rise

OPEC and its allies hold their next policy meeting in December

Haven't failed India, restored market stability after 4 yrs of fall: Opec

The stability achieved in past month is being threatened by headwinds from extraneous factors, says OPEC Secretary General

Oil market is well supplied, Opec's Barkindo says wary of 2019 surplus

Barkindo, responding to a question whether producers needed to go beyond full delivery of the agreement, said they were taking it step by step

Saudi, Russia violated Opec deal, produced more crude oil, claims Iran

The two countries would not be able to produce enough oil to replace a reduction in Iranian output, says Iran's OPEC governor

Standoff between Opec, traders on oil outlook fuelling price rise: Analyst

The standoff over oil outlook is reminiscent of earlier periods of rising prices

Oil at 4-year high sparks renewed interest in Bill allowing US to sue OPEC

The bill would change US antitrust law to allow OPEC producers to be sued for collusion; it would make it illegal to restrain oil or gas production or set those prices

Iran says oil prices to rise as Saudi, Russia doing 'little and late'

Oil producers on Sunday ruled out an immediate oil-output boost, in effect rebuffing Trump's calls for action

OPEC, Russia rebuff Trump's call for increase in oil output to cool market

Benchmark Brent oil reached $80 a barrel this month, prompting Trump to reiterate on Thursday his demand that the Organization of the Petroleum Exporting Countries lower prices

How global oil production at 27-year low reflects Opec's waning power

Now that Opec needs to boost output, its lack of power becomes even more obvious

Oil prices rise concerns as Opec, allies meet to discuss supply allocation

Benchmark Brent crude oil was up 65 cents at $79.35 per barrel. US light crude was up 45 cents higher at $70.77

Opec's problems aren't over yet! Here's a new one that the cartel is facing

Exporters' group has navigated both supply and demand crises

Turmoil in emerging markets has Opec on alert; Saudis likely to be cautious

The oil cartel has memories of the impact of 1997 Asian crisis when it boosted output, ignoring a crisis brewing in emerging markets that led to benchmark oil prices falling below $10 a barrel