OPEC Must Save Oil Market As Industry Sees Crisis
OPEC could be preparing for hard days as expectations rise for prolonged demand destruction caused by the coronavirus pandemic.
OPEC+ To Ease Oil Cuts from August
OPEC and allies such as Russia will ease record oil supply curbs from August as the global economy slowly recovers from the coronavirus pandemic.
India-China Border Dispute Seeks Mediation
The border dispute between India and China has undoubtedly been hazardous especially for Asia and carrying a hidden secret.
Iran Complying with OPEC+ Quotas
A former Iranian OPEC governor rejected claims by authorities in crude-producing countries that output of oil in Iran has exceeded a limit set by the Organization of Petroleum Exporting Countries and allies, a grouping known as OPEC+.
Saudi Warns Nigeria, Angola about OPEC Output Cut Agreement
Saudi Arabia warned OPEC members Nigeria and Angola that it would ignite an oil-price war with them unless they toe the line.
Asia’s Oil Market , Post-Coronavirus Era
World economy in the energy sector has a momentary look at the oil market and it actually knows it is impossible to stop this look in the short time.
OPEC agree to extend oil production cuts through July
OPEC members and other key oil producers agreed Saturday to extend historic output cuts through July, as oil prices tentatively recover and coronavirus lockdowns ease.
New OPEC Governor of Iran Appointed
Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia was officially appointed as Iran’s OPEC governor.
OPEC, Russia set to extend oil cuts, push for compliance
OPEC, Russia, and their allies hold talks on Saturday on extending record oil production cuts that have doubled oil prices since April.
Zarif, Zanganeh offer condolences on passing of Iran OPEC governor
Foreign Minister Mohammad Javad Zarif and Oil Minister Bijan Namdar Zanganeh have offered commiserations on the passing of OPEC Governor of Iran, Hossein Kazempour Ardebili.