OPEC predicts 100m bpd oil demand

OPEC Secretary-General, Mohammad Barkindo, said on Wednesday that world oil consumption would hit 100 million barrels…

Supply cuts agreement rescued oil industry- OPEC

  The Organization of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Barkindo, said on Friday that…

OPEC forecast tighter oil markets

  The Organization of the Petroleum Exporting Countries (OPEC), has said that global oil stocks surplus…

OPEC seeks long-term supply cuts with other oil exporters

  The Secretary General, Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo, has said that the…

Oil sector investment up but not fully recovered- OPEC

Investment in the oil industry is increasing as oil prices recover but has not yet reached…

OPEC hopes for oil market stability in 2018

The Secretary-General, Organization of the Petroleum Exporting Countries (OPEC), Mohammad Barkindo, on Monday expressed hope that…

OPEC, allies look at plans for prolonged oil supply restraint

OPEC and allied producers are looking at a “continuity strategy” for oil supply management, OPEC’s secretary…

OPEC, allies unlikely to delay decision on oil cut extension

OPEC and non-OPEC oil producers are moving towards deciding at their Nov. 30 meeting whether to…

OPEC moves to cap Nigerian oil output, boost compliance

OPEC leader Saudi Arabia said on Monday the group would quickly address weak compliance with output…

OPEC sees lower demand for its oil in 2018, points to surplus

OPEC said on Wednesday its oil production jumped in June and forecast world demand for its…

Oil comeback for cut-exempt producers threatens to swamp OPEC

OPEC’s battle against an oil glut is under threat as unsold crude from members Nigeria and…

OPEC figures show oil output cuts exceed pledge in March – sources

OPEC states cut oil output in March by more than they pledged under supply curbs, according…

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