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OPEC and Russia could discuss emergency cuts
https://www.cnbc.com/2020/01/31/opec-russia-could-discuss-emergency-cuts-as-coronavirus-crushes-oil.html OPEC, Russia could meet to discuss emergency cuts as coronavirus crushes oil price Buyers win, producers lose. PUBLISHED FRI, JAN 31 20204:49 PM EST- ronwagn Replied
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OPEC and Russia to appease Trump?
Saudi Arabia and Russia are discussing raising OPEC and non-OPEC oil production by some 1 million barrels a day, sources said, while OPEC's chief...- trump opec
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- 李伟王芳 Replied
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OPEC and Russia will extend cuts. OPEC will accommadate Russia sighting their pipeline outage, allow Russia to chose which months to cut back. Ultimately Russia never cuts back . . . . Market will trade on the "good news" (false news)
When do the cutbacks end. They have not worked. Russia understands this . Russia would be happy with $60 oil. Worldwide inventory up over 140 mm...- Falcon Replied
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OPEC Builds Case For Oil Supply Cut
In a monthly report, the Organization of the Petroleum Exporting Countries said world oil demand next year would rise by 1.29 million barrels per...- rainman Replied
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OPEC Cancels Press Conference
Where we are now Monitoring committee recommended a production cut OPEC agreed a cut will be forthcoming Russia went back home to check in with Big Daddy...- Rodent Replied
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OPEC Cartel Gaining Influence Over Non-OPEC Producers
Cartels gonna cartel. The basic premise of a cartel is to restrict supply, in order to drive up prices for the cartel's goods. OPEC's global influence...- Tom Kirkman Replied
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OPEC Considers Lowering Production To Account For Oil Reserve Releases
OPEC and its allies may re-evaluate plans for reviving oil supplies if the world’s four largest consuming countries go ahead with a coordinated release...- Adam Varga Replied
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OPEC Considers Suspending Russia From Oil Deal
Some OPEC members are mulling over the possibility of suspending Russia from the OPEC+ deal that limits the amount of crude oil that each...- Mark Sloan Replied
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OPEC Could Raise Oil Output If Prices Increase, Shortages Mount
According to Reuters, OPEC could raise oil output from July if Venezuelan and Iranian supply drops further and prices keep rallying, because extending production...- Pavel Replied
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OPEC Cuts Deep to Save Cartel
Entertaining and thoughtful article from Tom Luongo. I certainly don't agree with everything he says, but his viewpoint is worth reading: OPEC Cuts Deep to...- Tom Kirkman Replied
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OPEC cuts extension all about Aramco IPO?
With Russia and OPEC having agreed to a framework to extend production cuts through 2018, from the Saudi side this must be all about...- Kate Turlington Replied
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OPEC Cuts Seem Uncertain
So, Nigeria is playing it guardedly and Saudi Arabia's Falih has found it necessary to say the kingdom won't cut alone. If he needs...- Marina Schwarz Replied
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OPEC Deal Going Off the Rail
There's internal disagreement in OPEC as to what the best price of oil should be. The crack is between Saudi Arabia and Iran. Saudis...- Marina Schwarz Replied
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OPEC Deal To Go Beyond 2018??
Rosneft is now saying that it isn't ruling out the possibility that OPEC may be extended beyond 2018... Merry Christmas oil bulls!- Rodent Replied
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OPEC Dec 5th Meeting
What will OPEC do?? Here is JPM's take! Middle East Oil - OPEC+ preview Saudi to drive formalization of deeper cuts to 1.5mb/d and extension to December...- Bob D Replied
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OPEC EXPECTED TO CUT - WHERES THE CUT FROM UNCLE SAM
$30Bbl looming for WTI, quite rightly so Russia pressuring for a US cut in production. Why should OPEC and others take the load while...- James Regan Replied
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OPEC Expresses Satisfaction With Developments In The Oil Market, But...
The Joint Ministerial Monitoring Committee (JMMC) reviewed the monthly report prepared by its Joint Technical Committee (JTC), including the overall conformity levels of the...- 50 shades of black Replied
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OPEC Extends Oil Cut To Prop Up Prices As Economy Weakens
OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as the group’s members overcame their differences in...- rainman Replied
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OPEC eyes response to oil price slump led by Saudi action
OPEC eyes response to oil price slump led by Saudi action OPEC to wait until JMMC in September UAE oil minister says oil fundamentals good Report Saudi...- ceo_energemsier Replied
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OPEC grasping at straws. No, U.S. and Norway will not join the OPEC oil price fixing club.
Here is one of my WhatsApp replies to an oil analyst in the Middle East (who shall remain unnamed). I was responding to his...- Tom Kirkman Replied
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OPEC has cut oil output by 1.25 mbpd in June, says Petro-Logistics
LONDON (Reuters) - OPEC has cut oil output in June by 1.25 million barrels per day (bpd) from May levels as it works to...- Dheeraj Saini Replied
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OPEC held dinner for U.S. oil companies at CERAWEEK Houston 2019. According to attendees OPEC THREATENED U.S. companies if didn't cooperate. Well ?
Saudi "Scorched Earth" strategy violates WTO law and U.S. antitrust law. Can't threaten Producers. Oil Producers call your Congressional contacts. Tell the Justice department to get...- opec threats
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- BLA Replied
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OPEC hits 149% compliance!
WOWZERS. OPEC hits 149% compliance on the back of Libya and Venezuela, and the most from the UAE. WTI and Brent still down massively...- Rodent Replied
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OPEC is collapsing
Venezuela is trying to save its own "a rse " with this move. They just sold their largest amount of bitcoin to keep the...- Brent Hamrick Replied
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OPEC is neutral about crisis in Iran and Venezuela
OPEC doesn't think about rising oil production, so the crisis in Venezuela and protests in Iran are not so important in this segment of...- Petar Replied
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OPEC is no longer an Apex Predator
I have commented ad nauseum about my view that $70.00 Brent seems to be the optimum, sustainable, suitable, long term balance between *most* oil...- Tom Kirkman Replied
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OPEC is panicking
OPEC may have to hold an emergency hearing soon. https://oilprice.com/Latest-Energy-News/World-News/OPEC-Prepared-To-Call-Extraordinary-Meeting-As-Oil-Falls.html- opec
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- Adrian Hernandez Replied
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OPEC Is Struggling To Deliver On Increased Output Pledge
OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as...- franco Replied
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OPEC isn't a cartel
"OPEC is neither a cartel nor involved in the business of fixing oil prices. It would be a misjudgment to accuse us of such."...- Rodent Replied
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OPEC June 22 meeting : how to get a compromise ?
The Vienna meeting between OPEC and non-OPEC oil producers on June 22 is expected to oppose the countries with no spare capacity like Iran...- Guillaume Albasini Replied
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