Page 40 - Opec
OPEC May oil output hits new low on Nigeria, Venezuela, says survey
For now though, adherence by producers in the deal to agreed levels remains strong
 "OPEC May oil output hits new low on Nigeria, Venezuela, says survey")
Saudi Arabia, Russia plan to raise oil production by 1 mn barrels/day
OPEC may decide to raise oil output as soon as June due to worries over Iranian and Venezuelan supply and after Washington raised concerns the oil rally was going too far, OPEC and oil industry source
 "Saudi Arabia, Russia plan to raise oil production by 1 mn barrels/day")
Oil pares gains as Opec expects output from non-members to grow
OPEC cut its forecast for demand for its own crude in 2018 by 250,000 bpd to 32.61 million bpd, marking the fourth consecutive decline
 "Oil pares gains as Opec expects output from non-members to grow")
Goldman Sachs, JPMorgan accept Opec was right as they embrace oil near $80
Goldman Sachs Group Inc, Morgan Stanley and JPMorgan Chase & Co have all issued a flurry of bullish forecasts in the past fortnight
 "Goldman Sachs, JPMorgan accept Opec was right as they embrace oil near $80")
Saudi Arabia calls for extending non-OPEC cooperation as oil prices rise
OPEC and non-OPEC countries signed a landmark agreement in November 2016 to cut output by 1.8 million barrels per day to fight huge oversupply and lift sagging crude prices
 "Saudi Arabia calls for extending non-OPEC cooperation as oil prices rise")
Oil on a slippery slope
The rise in global crude oil prices is likely to be a short-term trend, but the outlook for India may be less than benign
 "Oil on a slippery slope")
Oil short-sellers return as doubts loom on OPEC's horizon
Bets on falling Brent rose by the most since June
 "Oil short-sellers return as doubts loom on OPEC's horizon")
Opec points to 2018 oil supply deficit as market tightens
Says the world will need 33.42 million barrels per day of Opec crude oil from next year
 "Opec points to 2018 oil supply deficit as market tightens")
Oil slips but holds most recent gains on expected OPEC cuts
Analysts said some investors were taking profits after two weeks of gains but that upward momentum remained strong
 "Oil slips but holds most recent gains on expected OPEC cuts")
Opec leans towards 9-month extension of oil supply cut
Opec-led supply deal to expire in March 2018
Opec, Russia hold steady on cuts as oil market improves
Nine months into the agreement between Opec and allies including Russia to cut production, there are both positive and negatives signs
OPEC sees higher 2018 oil demand, trims output
The OPEC said that the world would need 32.83 million barrels per day
 "OPEC sees higher 2018 oil demand, trims output")
Opec sees higher 2018 oil demand, but raises output again
Due to rising global consumption and slower supply growth from rivals
 "Opec sees higher 2018 oil demand, but raises output again")
OPEC oil output jumps to 2017 high on further Libya recovery
The extra oil from Libya means supply by the 13 OPEC members
Strong gasoline demand lifts oil, but high OPEC supplies temper gains
Crude prices are down 15% this year, making oil one of the worst-performing commodities in 2017
Opec sees lower demand in 2018
Opec officials are still upbeat on the outlook
 "Opec sees lower demand in 2018")
Oil at 3-week low as rising output risks OPEC-led deal
US output has climbed to more than 9.3 million bpd, close to top producers Saudi Arabia and Russia
OPEC moves towards 9-month output cut extension
Commerzbank analysts predicted compliance to the producers' deal will falter
UAE heads to OPEC, backs oil output cut extension
Optimistic about statements, meetings between the Saudi-Russian sides, says UAE's Energy Minister
Stop charging premium from Asian buyers: India to Opec
With increasing demand & consumption, India is increasing imports and also its refining capacity