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opec


Monday, December 3, 2018
qatar lng ship
Maritime News

Qatar to Leave OPEC to Focus On Gas

By Eric Knecht DOHA, Dec 3 (Reuters) – Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the

December 3, 2018
Total Views: 10

Monday, December 11, 2017
nuclear icebreaker convoy
Maritime News

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

December 11, 2017
Total Views: 3

Thursday, May 25, 2017
News

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

May 25, 2017
Total Views: 4

Thursday, April 20, 2017
oil tankers
News

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

April 20, 2017
Total Views: 37

Thursday, December 8, 2016
oil tanker
Maritime News

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

December 8, 2016
Total Views: 30

Wednesday, December 7, 2016
barents sea drilling
News

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

December 7, 2016
Total Views: 8

Monday, December 5, 2016
Kemp: After Two Years, Why an OPEC Deal Now?
Maritime News

Kemp: After Two Years, Why an OPEC Deal Now?

By John Kemp LONDON, Dec 5 (Reuters) – OPEC has finally agreed to cut production, but only after two years of fruitless negotiations. So what changed to

December 5, 2016
Total Views: 4

Friday, December 2, 2016
offshore oil rig Statoil
Maritime News

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,

December 2, 2016
Total Views: 2

Thursday, December 1, 2016
News

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

December 1, 2016
Total Views: 6

Wednesday, November 30, 2016
OPEC Confounds Skeptics, Agrees to First Oil Cuts in 8 Years
Interesting

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

November 30, 2016
Total Views: 8

Thursday, November 10, 2016
IEA Sees Global Oil Glut in 2017 if No OPEC Cut
Maritime News

IEA Sees Global Oil Glut in 2017 if No OPEC Cut

By Amanda Cooper LONDON, Nov 10 (Reuters) – The oil market surplus may run into a third year in 2017 without an output cut from OPEC, while escalating

November 10, 2016
Total Views: 1

Monday, August 29, 2016
Offshore

Exploratory Drilling Hits 70-Year Low Water Mark

by Mikael Holter (Bloomberg) Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year,

August 29, 2016
Total Views: 69

Monday, August 17, 2015
Offshore oil and gas platform
Maritime News

Oil Just Fell to Its Six-Year Low

  By Mark Shenk (Bloomberg) — Oil closed at the lowest level in more than six years in New York amid speculation that demand may slip as economies

August 17, 2015
Total Views: 6

Tuesday, June 2, 2015
News

What’s OPEC Going to Do With Iran’s Million Barrels a Day?

by Anthony Dipaola & Grant Smith (Bloomberg) Just when it looked like OPEC was winning the war with U.S. shale-oil drillers, a new front is opening up

June 2, 2015
Total Views: 2

Tuesday, February 17, 2015
Oil Rises as OPEC Producers Signal Optimism Over Market Recovery
Uncategorized

Oil Rises as OPEC Producers Signal Optimism Over Market Recovery

Oil extended three consecutive weekly gains in London as OPEC ministers signaled their confidence that the market can sustain its

February 17, 2015
Total Views: 3

Sunday, December 21, 2014
Khurais Megaproject
News

Saudi Arabia Confident in Oil Rebounding on Global Growth

Saudi Arabia, the world’s largest oil exporter, is confident that crude prices will rebound with global economic growth boosting

December 21, 2014
Total Views: 10

Thursday, December 18, 2014
Saudi Arabia and OPEC Unlikely to Give Up Oil-Market Share
News

Saudi Arabia and OPEC Unlikely to Give Up Oil-Market Share

Saudi Arabia and OPEC would find it “difficult, if not impossible” to give up market share by cutting crude production, the country’s oil minister

December 18, 2014
Total Views: 2

Thursday, December 4, 2014
Shipping Can Thank OPEC for $29 Billion Savings: Chart of the Day
Maritime News

Shipping Can Thank OPEC for $29 Billion Savings: Chart of the Day

By Naomi Christie Dec. 4 (Bloomberg) — When OPEC sent oil prices tumbling last week by deciding not to tackle a global glut of crude, shipping companies

December 4, 2014
Total Views: 2

Wednesday, December 3, 2014
oil price brent crude world supply energy
News

Brent Crude Trades Near $70 as Traders Assess OPEC Decision

Brent crude traded near $70 a barrel, erasing earlier gains as traders evaluated the impact of OPEC’s decision to maintain output at last week’s meeting.

December 3, 2014
Total Views: 3

Sunday, November 30, 2014
fuel storage tanks
Maritime News

China Winning in OPEC Price War as Oil Hoarding Accelerates

China is emerging as the winner from OPEC’s battle with rival oil producers as the world’s biggest energy consumer stockpiles

November 30, 2014
Total Views: 4
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