OPEC oil output | Zee News

Advertisement

NewsOPEC oil output

OPEC oil output News

15 Aug 2016

OPEC deal a tough task, as oil output freeze expectations rise

OPEC will probably revive talks on freezing oil output levels when it meets non-OPEC nations next month as top exporter Saudi Arabia appears to want higher prices, according to OPEC sources, although Iran, Iraq and Russia present obstacles to a deal.

12 Jul 2016

OPEC sees oil glut continuing to ease in 2016-17

OPEC said Tuesday it expected the global supply glut to ease further this year and next thanks to reductions in oil output from producers outside the cartel, particularly the United States.

08 Jun 2014

OPEC seen sticking by oil output

While OPEC is satisfied with current price levels at around 100 dollars a barrel, the cartel is in fact pumping below its collective target owing to abundant supplies in top crude consumer the United States.

Loading...

NEWS ON ONE CLICK