OPEC. Latest news


  1. Why OPEC's Cut-Extension Is Another Blunder

    News.ino.com - Technology 04.25 / 23:06 news.ino.com
    OPEC, led by Saudi Arabia, blundered when it decided to engage in a battle for market share in November 2014. It assumed it could drive American shale oil companies bankrupt and then pick up their market share. But this strategy was destined to fail. For one thing, they didn’t take into account that American shale […
  2. Oil veteran says OPEC needs year to pull off elusive mission

    Worldoil.com - Middle Easte 04.25 / 13:37 worldoil.com
    OPEC needs a year more to accomplish what’s at the moment proving to be mission impossible, according to a veteran oil a…
  3. The Battle Between OPEC and US Shale

    Peakoil.com - Energy 04.25 / 10:50 peakoil.com
    Bloomberg’s Tracy Alloway reports on the price and production of oil. She speaks on “Bloomberg Markets: Middle…
  4. Opec heads for failure as crude shipments overwhelm cut rhetoric

    Thestar.com.my - Business 04.25 / 09:31 thestar.com.my
    SINGAPORE: Is it yet time to call the crude oil output cuts by OPEC and its allies a…
  5. Oil price slips on OPEC cut extension doubts, Russia output worries

    Thestar.com.my - Business 04.24 / 23:47 thestar.com.my
    NEW YORK: Oil prices slipped nearly 1 percent on Monday, extending last week's decline, on lack of confirmation that OPEC will extend output cuts until the end of 2017 and as Russia indicated it can lift output if the deal on curbs…