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OPEC yet to agree final deal as Iran seeks exemptionsVIENNA: Iran appeared on Friday to be the main obstacle for an OPEC deal to cut oil production as the group's leader Saudi Arabia had yet to agree ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Opec, non-Opec compliance with supply cuts was 168% in April: sources[JEDDAH] An Organization of the Petroleum Exporting Countries (Opec) and non-Opec technical committee found that oil producers' compliance with a supply-reduction agreement reached 168 per cent in April, two sources said on Saturday. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Iran agrees to OPEC oil cut, focus shifts back to RussiaVIENNA: Iran gave OPEC the green light on Friday to reduce oil output by around 0.8 million barrels per day from 2019 after finding a compromise ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Oil ends lower on Iran comments despite Libya, Opec supply cuts[NEW YORK] Oil ended lower on Wednesday after reports that Iran's oil minister said divisions exist within the Organization of the Petroleum Exporting Countries (Opec), leading futures to give up earlier gains on Opec-led production curbs and export cuts from Libya. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
OPEC has shown it can reach deal despite splits: Iran oil ministerIranian Oil Minister Bijan Zanganeh praised OPEC on Saturday for what he said was the producer group's ability to reach agreement despite intense ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »