Sunday, July 18, 2021
Tuesday, November 3, 2020
OPEC Boosts Output Despite COVID Sending Oil Crashing
By Grant Smith and Julian Lee (Bloomberg) OPEC’s effort to shore up world oil markets during the pandemic is facing a new threat — from the group’s own rising production....
Monday, July 20, 2020
Oil Tanker Titans to Get Little Joy From OPEC+ Opening the Taps
By Ryan Hesketh (Bloomberg) –At almost any other moment in history, the promise of oil producers pouring millions of barrels of crude to the global market would have been cause...
Tuesday, June 30, 2020
Monday, June 1, 2020
Uncertainty About OPEC+ Cuts Has Oil Struggling to Sustain Rally
By Olivia Raimonde and Hailey Waller (Bloomberg) — OPEC+ and its allies will decide as soon as this week whether or not to extend their historic output curbs, yet how...
Monday, April 13, 2020
Oil Price War Ends With Historic OPEC+ Deal to Slash Output
By Javier Blas, Salma El Wardany and Grant Smith (Bloomberg) — The world’s top oil producers pulled off a historic deal to cut global petroleum output by nearly a 10th, putting...
Tuesday, December 11, 2018
Oil Tanker Owners Find Solace in Shale as OPEC Prepares New Cuts
By Firat Kayakiran (Bloomberg) — America’s shale boom could be about to spare the world’s oil tanker owners from a typical OPEC ravaging. The producer group and allies decided on Dec. 7...
Monday, December 3, 2018
Monday, December 11, 2017
The Arctic Threat to OPEC’s Grand Oil Price Strategy
By Julian Lee (Bloomberg Gadfly) — When Saudi Arabia’s oil minister attended Friday’s grand opening of a giant liquefied natural gas plant in northern Siberia, he’d have known this was...
Thursday, May 25, 2017
As the U.S. Sends More Oil to World, OPEC Sends Less to U.S.
By Serene Cheong (Bloomberg) — OPEC is finally making the move that could help complete a mission that it’s failed so far: shipping less oil to the U.S., according to...
Thursday, April 20, 2017
Murky Oil Inventory Picture Leaves Market Grappling for Clarity
By Henning Gloystein and Libby George SINGAPORE/LONDON, April 21 (Reuters) – The jury is still out over whether an OPEC-led production cut aimed at tightening oil markets is working, or...
Thursday, December 8, 2016
Oil Tanker Market Heads for Worst Year Since ’13 on OPEC Cut
By Firat Kayakiran and Brian Wingfield (Bloomberg) — Oil-hauling supertankers are bracing for the worst earnings year since 2013 as they become collateral damage in OPEC’s quest to trim a global...
Wednesday, December 7, 2016
OPEC Deal Seen Helping Norway Oil Investment as Soon as 2017
By Mikael Holter (Bloomberg) — Norway has this year politely declined invitations from OPEC to join talks on curbing oil production. Its strategy is now paying off. Western Europe’s biggest...
Monday, December 5, 2016
Friday, December 2, 2016
Brent Heads for Biggest Weekly Advance Since 2009 on OPEC Pact
By Rakteem Katakey (Bloomberg) — Brent crude is headed for its biggest weekly gain since 2009 after OPEC approved its first supply cut in eight years, with attention now shifting...
Thursday, December 1, 2016
New Era for Oil Reverberates Through Asia’s Shipyards to Runways
By Emma O’Brien and Heesu Lee (Bloomberg) — While the first OPEC production cuts since 2008 were inked as Asia slept, the winners and losers from the surprise deal are...
Wednesday, November 30, 2016
OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years
By Nayla Razzouk, Angelina Rascouet and Golnar Motevalli (Bloomberg) — OPEC confounded its doubters and sent crude oil prices soaring by agreeing to its first production cuts in eight years....
Thursday, November 10, 2016
Monday, August 29, 2016
Monday, August 17, 2015
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