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Page 41 - Opec

Opec, non-Opec discuss extending supply cut by 9 months or more: Sources

Oil producers like Opec last year agreed to cut output by 1.8 mn barrels/day for 6 months from Jan 1

Opec, non-Opec discuss extending supply cut by 9 months or more: Sources
Updated On : 08 May 2017 | 11:07 PM IST

Opec over-delivers on oil cuts in March, but sees more from rivals

Compliance in March by the 11 Opec members with output targets under supply cut deal averaged 104%

Opec over-delivers on oil cuts in March, but sees more from rivals
Updated On : 12 Apr 2017 | 5:57 PM IST

Opec, non-Opec committee recommends extending oil output cut by 6 months

Opec, 11 other producers agreed in Dec to cut their combined output by almost 1.8 mn barrels/day

Opec, non-Opec committee recommends extending oil output cut by 6 months
Updated On : 26 Mar 2017 | 5:40 PM IST

Opec be warned: Russia prepares for oil at $40

Its 65% plunge in 2014, 2015 forced an emergency rate increase and pushed Russia into recession

Opec be warned: Russia prepares for oil at $40
Updated On : 25 Mar 2017 | 11:54 PM IST

Opec's compliance with output cuts high, rebalancing progresses: Goldman

Goldman said it was not in Opec's interest to extend output cuts beyond six months

Opec's compliance with output cuts high, rebalancing progresses: Goldman
Updated On : 15 Mar 2017 | 4:08 AM IST

Opec says oil stocks still increasing, Saudis raise output

Opec is curbing its output by about 1.2 million barrels per day (bpd) from Jan 1

Opec says oil stocks still increasing, Saudis raise output
Updated On : 15 Mar 2017 | 1:37 AM IST

Saudis tell US oil: Opec won't extend cuts to offset shale production rise

Saudis tell US oil firms OpecPEC won't extend cuts to offset shale: Sources

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Updated On : 10 Mar 2017 | 5:01 AM IST

Oil drops 2% to lowest since OPEC deal, US crude below $50/bbl

US West Texas Intermediate crude extended Wednesday's 5.4% losses by 2% to end at $49.28 a barrel

Oil drops 2% to lowest since OPEC deal, US crude below $50/bbl
Updated On : 10 Mar 2017 | 4:47 AM IST

Titans of oil world meet in Houston this week after two-year price war

Oil prices are about 70% higher than they were the last time oil ministers met in Houston

Titans of oil world meet in Houston this week after two-year price war
Updated On : 06 Mar 2017 | 2:57 PM IST

Oil firms on record Opec output cut compliance

OPEC has so far surprised the market by showing record compliance with oil-output curbs

Oil firms on record Opec output cut compliance
Updated On : 28 Feb 2017 | 5:32 PM IST

Oil rises 1% as Opec sees higher compliance with cuts

For greater compliance with its deal with other producers including Russia

Oil rises 1% as Opec sees higher compliance with cuts
Updated On : 22 Feb 2017 | 4:49 AM IST

OPEC's oil curbs grant Russia's Urals a rare ticket for South Korea

Top South Korean refiner SK Innovation is set to receive about 1 million barrels of Urals crude

OPEC's oil curbs grant Russia's Urals a rare ticket for South Korea
Updated On : 18 Feb 2017 | 10:16 PM IST

Europe's refiners cash in despite OPEC oil cuts

European refineries are in general older and less complex than the newest units

Europe's refiners cash in despite OPEC oil cuts
Updated On : 17 Feb 2017 | 9:05 PM IST

OPEC figures show over 90 per cent compliance with supply cut: Sources

'That's the highest in OPEC history,' OPEC source said

OPEC figures show over 90 per cent compliance with supply cut: Sources
Updated On : 11 Feb 2017 | 2:01 AM IST

Oil falls as signs of US output rise overshadow OPEC

US oil production has risen more than 6% since mid-2016

Oil falls as signs of US output rise overshadow OPEC
Updated On : 23 Jan 2017 | 8:06 PM IST

Ministers positive on Opec, non-Opec oil output cuts

Output was to be lowered by nearly 1.8 million bpd

Ministers positive on Opec, non-Opec oil output cuts
Updated On : 22 Jan 2017 | 9:21 PM IST

Saudi cuts February oil exports to some buyers in India, Malaysia

It has held most of its exports to the rest of Asia steady for a second month

Saudi cuts February oil exports to some buyers in India, Malaysia
Updated On : 11 Jan 2017 | 4:30 PM IST

Opec threatened by tiny Oklahoma town with soaring supplies

For Opec, there are few enemies more fearsome than Cushing

Opec threatened by tiny Oklahoma town with soaring supplies
Updated On : 16 Dec 2016 | 2:07 AM IST

Non-Opec supply to rise but end of glut in sight: Opec

Opec expects some non-cartel producers to ramp up production next year

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Updated On : 15 Dec 2016 | 2:34 AM IST

Why OPEC's production cut might not have the desired effect

OPEC members have a mixed record complying with previous agreements to cut production levels

Why OPEC's production cut might not have the desired effect
Updated On : 12 Dec 2016 | 3:28 PM IST