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Saudi Arabia to refrain from unilateral actions in extending OPEC+ deal - expert

(MENAFN - Trend News Agency ) Baku, Azerbaijan, Aug. 14 By Kamila Aliyeva – Trend: There will be a strong case to extend the output cut deal if oil inventories do not come clos...

Will Oil Markets Rebalance Before The OPEC Deal Expires?

The oil market is still on track to rebalance, although the pace is “stubborn” and will still take some time, the IEA said in a new report. Market sentiment has been fickle throughout summer, and..

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 -

News video: Russia, Saudi Arabia Favor Extending OPEC Deal

Russia, Saudi Arabia Favor Extending OPEC Deal 04:41

May.14 -- Saudi Arabian Energy Minister Khalid Al-Falih discusses the OPEC oil production cuts, the success they've seen in the agreement and being in favor of extending the cuts.
Source: Bloomberg Technology -


Crude Oil Tumbles As OPEC Deal Flops

WASHINGTON (dpa-AFX) - Crude oil futures fell Thursday after OPEC admitted its production rose in July despite a supply quota agreement with Russia.The cartel pumped oil at a relatively robust pac...

Gazprom Neft eyes resumption of oil production at mature fields once OPEC deal ends

MOSCOW (Reuters) - Russian oil producer Gazprom Neft considers it "economically feasible" to resume production at mature fields after a global agreement among OPEC and non-OPEC expires, a

Oil slides from nine-week highs as market looks to OPEC

In May, oil producers led by OPEC extended a deal to reduce output by 1.8 million bpd until the end of next March
Globe and Mail

Could Brazil Derail The OPEC Deal?

Brazil is a major oil producing country, but in 2016 was still a net importer, though imports dropped significantly and they have been a slight exporter overall so far this year. It is one of the few..

Former Russian Energy Minister: OPEC Deal Working Exactly As Planned

OPEC held a technical meeting in St. Petersburg on July 24 to monitor compliance with the group’s cuts and assess the progress of the rebalancing of the oil market. Unlike their official meetings,..

Why The OPEC Deal Is Not Working: A Saudi View – OpEd

By Wael Mahdi* The committee to monitor the global agreement made by 24 nations to curb production held its fourth meeting this year on July 24 — this time in Russia, the largest oil producer on..
Eurasia Review

Ecuador’s Defection From The OPEC Deal Doesn’t Matter

Earlier this week, Ecuador’s Oil Minister Carlos Perez announced that the country would no longer abide by its commitment to the Vienna Accord. That’s the OPEC-Russia deal to cut oil production and..

Libya's Oil King Won't Be Stopped By OPEC

libya's oil king won't be stopped by opec
Authored by Tsvetana Paraskova via OilPrice.com, Conflict-torn Libya, divided between rival factions in the east and the west,* recently reached 1 million bpd of crude oil output - for the first..
Zero Hedge

Nigeria and Libya must join OPEC deal, Russian minister says as oil talks begin

SeekingAlpha Also reported by •FT.com

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