January 22, 2019

Why OPEC+ Output Cuts Take So Long To Materialize

The oil production cuts that OPEC and its partners led by Russia agreed at the end of last year are proving slower to materialize than most […]
January 21, 2019

IEA: OPEC+ Cuts Put Floor Under Oil Prices

The “journey to a balanced market will take time, and is more likely to be a marathon than a sprint.” The International Energy Agency (IEA) said […]
January 18, 2019

This Is How Much Each OPEC+ Member Needs To Cut

OPEC published on Friday the long-awaited list of oil production quotas for each country in the OPEC+ deal, as it seeks to shore up market confidence […]
January 18, 2019

OPEC+ To Hold Extraordinary Meeting On April 17-18 In Vienna

OPEC has decided to hold an extraordinary full ministerial meeting on April 17 in Vienna to discuss the state of the oil market and the production […]
January 17, 2019

Oil Prices Lag Despite Early OPEC Cuts

The Organization of Petroleum Exporting Countries produced 751,000 bpd less in December than in the previous month in a rush to prop up prices, OPEC said […]
January 17, 2019

Oil Stabilizes As OPEC Implements Cuts

By Editorial Dept – Jan 16, 2019, 6:00 PM CST The oil rally of the past two weeks continues, even though in a more tempered manner, […]
January 16, 2019

EIA: OPEC Production To Fall By 1 Million Bpd This Year

The Energy Information Administration expects OPEC’s combined crude oil production this year to be 1 million barrels per day lower than in 2018, when the cartel […]
January 16, 2019

OPEC Cuts Are Already Paying Off

Oil prices fell on Monday but regained ground on Tuesday. (Click to enlarge) (Click to enlarge) Chart of the Week (Click to enlarge)– Iraq’s oil production […]
January 15, 2019

OPEC To Publish Quotas For New Production Cut Deal

OPEC plans to publish this week the quotas for individual countries under the new OPEC/non-OPEC production cut deal agreed upon on December 7 and in force […]