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The Qatar Blockade Is Threatening The OPEC Deal

The blockade of Qatar could persist for quite a long time, according to the foreign minister of the UAE, who insisted that the Gulf States that have imposed the punitive barricade are not looking for a..

Will OPEC Deal Work? – OpEd

By Wael Mahdi* Major oil producers — members of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC — are meeting in Russia on July 24 to monitor their compliance to a deal..
Eurasia Review

Videos for "Opec Deal"

News video: Oil falls again as OPEC fails to curb oversupply

Oil falls again as OPEC fails to curb oversupply 01:40

Oil prices drop close to six month lows, under pressure from high global inventories and doubts about OPEC's ability to implement agreed production cuts. Sonia Legg reports.
Source: Business Video Online -

News video: Market Pessimism on OPEC Deal Lingers

Market Pessimism on OPEC Deal Lingers 02:58

May.30 -- Bloomberg's Tracy Alloway discusses the price, production and inventories of oil. She speaks on "Bloomberg Markets: Middle East."
Source: Bloomberg Technology -

News video: Oil down despite OPEC deal

Oil down despite OPEC deal 01:20

Oil prices edge up on Friday but are still nursing severe losses after a five per cent plunge in the previous session. As Laura Frykberg reports, disappointed investors had been betting on a bigger..
Source: Rumble -

News video: Wood Mackenzie's Dukes Says OPEC Didn't Do Deeper Cuts

Wood Mackenzie's Dukes Says OPEC Didn't Do Deeper Cuts 04:46

May.25 -- Wood Mackenzie Research Director R.T. Dukes weighs in on OPEC's deal to extend supply cuts. He speaks on "Bloomberg Daybreak: Australia."
Source: Bloomberg Global Business -


Is This A Sign That The OPEC Deal Is Doomed?

Late on Monday the oil world was shocked to learn that Ecuador planned on exceeding its OPEC production quota, publicly breaking from the supply cuts agreed to in November 2016 and extended in May..

Ecuador Abandons The OPEC Deal: Who’s Next?

Ecuador announced its withdrawal from the OPEC agreement this week, a move that could shake the foundation of a deal that was already starting to show some cracks. "We need funds for the fiscal..

OPEC Deal Splinters: Ecuador Will No Longer Comply With Production Quota Due To "Difficult Economic Situation"

opec deal splinters: ecuador will no longer comply with production quota due to difficult economic situation
Ever since the OPEC production cut deal was announced last year in Vienna, there have been two key wildcards fascinating the oil trader and analyst community: what would be the deal compliance (in..
Zero Hedge

Bord Gáis Energy index slips 7% as oil and gas and prices fall

Market reaction to the Opec deal extension have seen oil prices take another hit
Irish Times

Energy Guru Lifts Veil On First Putin-Trump Meeting – Interview

By Georgi Gotev (EurActiv) — Energy guru Igor Yusufov shared his views with EURACTIV.com on the first bilateral meeting between Russian President Vladimir Putin and his US President Donald Trump..
Eurasia Review

Oil Posts Solid Gains This Week

Oil prices posted some solid gains this week, but with the market outlook remaining gloomy, a continuation of this upward trend looks unlikely to last long   Friday, July 14, 2017 Oil prices posted..

Kazakhstan Bows Out Of OPEC Deal

Kazakhstan is, as expected, bracing to drift away from its role in the OPEC oil production cap in the coming two months. Energy Minister Kanat Bozumbayev said at an industry conference in Istanbul over..

Oil prices jump as Goldman Sachs calls on Opec to 'shock and awe'

oil prices jump as goldman sachs calls on opec to 'shock and awe'
Crude oil prices lifted today despite coming under pressure as a number of banks slashed their price forecasts. Global benchmark Brent crude dropped more than one per cent before recovering to..
City A.M.

Will Capping Libyan And Nigerian Output Salvage The OPEC Deal?

Since they struck the production cut deal in late November, OPEC and the non-OPEC partners that are part of the agreement have seen U.S. shale ramping up crude production more than anyone has expected,..

OPEC: Further Cuts Off The Table

No further oil output cuts are on the agenda for the July meeting of the ministerial committee set up to monitor compliance with the OPEC-non-OPEC deal, the cartel’s secretary general Mohammed..

OPEC delegates encouraged by Russian comments on adjusting oil cut deal

LONDON (Reuters) - OPEC delegates said on Friday they were encouraged by Russia's openness to talking about changes to an OPEC-led deal to cut oil supplies, opening the door to more steps being..
Reuters India

Saudis Refuse To Relinquish Grip On Key Asian Market

While it is cutting more than required in the OPEC deal, Saudi Arabia is not ceding its grip on its biggest Asian market—Japan—and is raising market share by selling more light crude to its prized..

Crude Oil Rally Loses Steam As Russia Resists More Cuts

WASHINGTON (dpa-AFX) - The rally in crude oil prices cooled off Wednesday morning amid word that Russia has no plans to further cut production.Russia wants to stick to the current OPEC deal and wo...

Global Stocks Rebound From Korea Jitters; S&P Flat As Fed Minutes Await; Oil Slides

global stocks rebound from korea jitters; s&p flat as fed minutes await; oil slides
S&P futures were little changed at 2,425, ignoring the N.Korea tensions of the past two days which will likely be a major topic in the upcoming G-20 summit, as European stocks fluctuate and Asian..
Zero Hedge

The world's biggest IPO needs $60 oil prices - or it may fail to go ahead

the world's biggest ipo needs $60 oil prices - or it may fail to go ahead
The Opec deal is in crisis. All oil price gains derived from the 1.2 million-barrel cut’s initial announcement and implementation have been wiped out, and No. 1 Opec producer Saudi Arabia’s..
City A.M.

Libyan Exports Rain On OPEC’s Parade – Analysis

By Todd Royal While Syria is the disaster of a generation, Libya isn’t far behind. Currently, Libya is upending global oil markets through increased oil production for export. This latest..
Eurasia Review

Only $60 Oil Can Save The Aramco IPO

The OPEC deal is in crisis. All oil price gains derived from the 1.2 million-barrel cut’s initial announcement and implementation have been wiped out, and No. 1 OPEC producer Saudi Arabia’s attempt..

The Offshore Boom To Break The OPEC Deal

While all eyes are riveted on how much U.S. shale output is undermining OPEC’s production cuts and any oil price gains, other non-OPEC producers are also increasing crude production, and most..

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