oil market
Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers
Middle East
April 23, 2019
Oil prices hit 2019 highs after U.S. says to end all Iran sanction waivers
SINGAPORE (Reuters) – Oil prices hit 2019 highs on Tuesday after Washington announced all Iran sanction waivers would end by…
Oil market likely to be well balanced in 2019, says Saudi energy adviser
Middle East
April 19, 2019
Oil market likely to be well balanced in 2019, says Saudi energy adviser
PARIS (Reuters) – Ibrahim al-Muhanna, an adviser to the Saudi energy minister, said on Friday he expected the oil market…
OPEC sees tighter 2018 oil market as demand grows, supply falls
Economy
November 13, 2017
OPEC sees tighter 2018 oil market as demand grows, supply falls
OPEC on Monday forecast higher demand for its oil in 2018 and said its production-cutting deal with rival producers was…
OPEC likely to extend output cuts, but price relief elusive
Business
May 24, 2017
OPEC likely to extend output cuts, but price relief elusive
OPEC oil ministers meeting this week appear damned if they don’t extend production cuts — and only slightly less damned…
US plan to sell oil reserves undermines OPEC supply management efforts
Business
May 23, 2017
US plan to sell oil reserves undermines OPEC supply management efforts
US President Donald Trump’s proposal to sell half of the United States’ strategic oil reserve surprised energy markets on Tuesday…
World oil market ‘close to balance’ despite OPEC cuts: IEA
Business
April 13, 2017
World oil market ‘close to balance’ despite OPEC cuts: IEA
Supply and demand in the oil market are close to matching up, the IEA said Thursday, as landmark OPEC-led production…
Gulf to reject OPEC cuts to guard oil market share: analysts
World
November 20, 2014
Gulf to reject OPEC cuts to guard oil market share: analysts
Gulf oil producers led by Saudi Arabia will likely reject output cuts at an OPEC meeting next week unless they…