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Page 44 - Opec

OPEC supply cut only way to push up oil prices: Poll

OPEC last reduced supply in 2008 when the global economic crisis crippled demand

OPEC supply cut only way to push up oil prices: Poll
Updated On : 26 Sep 2016 | 8:40 AM IST

OPEC deal elusive even after Saudis offer oil cuts

Saudi Arabia said it would be willing to reduce its output if Iran were to cap production at the current level of about 3.6 million

OPEC deal elusive even after Saudis offer oil cuts
Updated On : 24 Sep 2016 | 9:37 PM IST

Saudis offer oil cut for Opec deal if Iran freezes output: Sources

First source did not say by how much Riyadh would cut if Iran agreed to freeze at 3.6 million bpd

Saudis offer oil cut for Opec deal if Iran freezes output: Sources
Updated On : 23 Sep 2016 | 7:54 PM IST

OPEC secretary-general says may call extra meeting if consensus at Algiers: Media

Russia, Iran and other major oil producers are due to take part in the Algiers meeting

OPEC secretary-general says may call extra meeting if consensus at Algiers: Media
Updated On : 19 Sep 2016 | 3:26 PM IST

Opec sees more oil supply from rivals, implying larger 2017 surplus

Demand for crude from the Opec will average 32.48 million barrels per day in 2017

Opec sees more oil supply from rivals, implying larger 2017 surplus
Updated On : 12 Sep 2016 | 4:59 PM IST

OPEC, non-OPEC countries may meet in 'coming weeks': Venezuela

As the crisis-stricken South American nation seeks to prop up weak oil markets

OPEC, non-OPEC countries may meet in 'coming weeks': Venezuela
Updated On : 09 Aug 2016 | 12:59 PM IST

Venezuela to increase oil production to meet OPEC quota

However, the exact quota given by OPEC to Venezuela or the increase in oil production was not disclosed

Venezuela to increase oil production to meet OPEC quota
Updated On : 23 Jun 2016 | 12:40 PM IST

Opec points to oil demand exceeding production

The last full quarter when Opec pumped less than demand for its crude was in 2013, according to past Opec reports

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Updated On : 14 Jun 2016 | 1:21 AM IST

Full choke

Opec's biggest quota threat is Iraq, not Iran

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Updated On : 11 Jun 2016 | 12:04 AM IST

Opec fails to agree but Saudis pledge no shocks

Iran insists on raising production steeply, shoots down hope of output agreement

Opec fails to agree but Saudis pledge no shocks
Updated On : 03 Jun 2016 | 1:56 AM IST

OPEC fails to agree new oil production ceiling

This target was in any case widely flouted, with total production by the 13-nation group around 32 million bpd

OPEC fails to agree new oil production ceiling
Updated On : 02 Jun 2016 | 8:42 PM IST

Why OPEC does not need to freeze output

Many brokerage houses, including Barclays and Energy Aspects, say crude oil prices are likely to rise to around $60 per barrel by FY17-end

Why OPEC does not need to freeze output
Updated On : 02 Jun 2016 | 5:25 PM IST

Oil demand is robust and OPEC is happy with oil market, kingpin Saudi says

Non-OPEC output is falling sharply, prices last week briefly rose above $50 for first time in 6 months

Oil demand is robust and OPEC is happy with oil market, kingpin Saudi says
Updated On : 02 Jun 2016 | 4:42 PM IST

How oil prices will behave post OPEC meet

Not many analysts expect that a production cut will be announced in the meeting

How oil prices will behave post OPEC meet
Updated On : 02 Jun 2016 | 4:34 PM IST

Oil prices tread water ahead of key OPEC meeting

Brent was trading at $49.77, while US WTI crude was seen at $48.92 a barrel

Oil prices tread water ahead of key OPEC meeting
Updated On : 02 Jun 2016 | 10:22 AM IST

Saudi, Iran set to clash over OPEC oil output targets

Saudi, along with allies, is set to push for ceiling on output in the crucial meeting today

Saudi, Iran set to clash over OPEC oil output targets
Updated On : 02 Jun 2016 | 10:07 AM IST

OPEC ministers say oil market moving in right direction

Some of the world's biggest oil traders said accelerating demand is also helping to rebalance the market

OPEC ministers say oil market moving in right direction
Updated On : 02 Jun 2016 | 1:21 AM IST

Gulf OPEC members seek joint action on oil output

The group meets on Thursday to revive the idea of coordinated oil-output action by major producers

Gulf OPEC members seek joint action on oil output
Updated On : 01 Jun 2016 | 4:59 PM IST

Opec's stable market outlook gives few drivers for policy change

The 13 nations of the Opec pumped 32.44 million barrels a day in April, slightly less than will be required in the the third quarter

Opec's stable market outlook gives few drivers for policy change
Updated On : 14 May 2016 | 12:16 AM IST

OPEC signals greater oil glut in 2016 as its output surges

The group pumped 32.44 million barrels per day (bpd) in April, highest since at least 2008

OPEC signals greater oil glut in 2016 as its output surges
Updated On : 13 May 2016 | 8:30 PM IST