The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%. US10yr yields up 6bps ...
A new report has alleged that Nigeria may be headed to a showdown with the Organisation of Petroleum Exporting Countries ...
OPEC will need to balance its members’ fiscal needs with internal cartel pressure to ease the cuts. The United Arab Emirates, which has been investing in new production capacity to add another 1 ...
Issues that need to be addressed include an output hike for the United Arab Emirates agreed in June this year that ... which groups the Organization of the Petroleum Exporting Countries (OPEC) and ...
The OPEC oil cartel and its allies are expected ... Algeria, Iraq, Kazakhstan, Kuwait, Oman, Russia, Saudi Arabia and the United Arab Emirates have already twice pushed back the production ...
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran offset a hike from Nigeria ...
At the core of this group are the 13 members of Opec (Organization of the Petroleum Exporting Countries), which are mainly Middle Eastern and African nations. Opec was formed in 1960 as a cartel ...