Source: Energy Industry News (energyindustrynews.net)
Saudi-Russian alliance will never work!
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Saudi-Russia Ties Complicate OPEC Oil-Output Decision, Delegates SayMembers of the Organization of the Petroleum Exporting Countries are bristling at the close ties between Saudi Arabia and Russia as the group looks to cut output to offset falling crude prices. How are we still subjected to OPEC setting US gas prices? When does energy independence begin? Udah tak bilang kan. jangan semua dijadiin issue 😩
Source: WSJ - 🏆 98. / 63 Read more »
Defying Trump, Saudi Arabia chooses 'Saudi first' oil policy at OPEC meetingPresident Donald Trump asked Saudi Arabia to cut fuel costs by pumping at full throttle. Instead, the Saudis convinced oil producers to cut output and will sharply throttle back its own production. His buddies turned on him? Guess what goes around comes around? Puppet POTUS They did what trump wanted .
Source: CNBC - 🏆 12. / 72 Read more »
Kazakhstan: OPEC, non-OPEC nations must stabilize oil prices in first-quarterKazakhstan expects the participants in a pact to curb global oil output to stabi... teleiofoith * Too much Oil Floting Around. Supply and Demand ! * The myth that oil companies make less when oil prices are low is ridiculous. When prices are 50% less twice as much oil is used - maybe more.
Source: Reuters - 🏆 2. / 97 Read more »
Oil futures sharply lower, with growing concerns that OPEC will not make an aggressive output cutUh oh.
Source: MarketWatch - 🏆 3. / 97 Read more »
Qatar to withdraw from OPEC in January 2019Thursday's OPEC meeting could be Qatar's last. Qatar, the first non-original member of OPEC, will leave the organization at the beginning of 2019. Thats what OPEC gets for joining Saudis for stabning Qatar in the back!
Source: CNBC - 🏆 12. / 72 Read more »
OPEC waiting for Russia before deciding how much oil to cutOPEC has made a planned cut in oil output effectively conditional on the contrib... Oh, this Russians ! They are so isolatet ! World leaders must become more aggressive in implementation of clean energy programs & remove the hold that OPEC has on a global basis. The technologies exist world leaders, adapt them-use them, substantially improve your economies & end your dependency on fossil fuels for good!
Source: Reuters - 🏆 2. / 97 Read more »
OPEC oil cuts at risk as Russia yet to commitOPEC and its allies are working towards cutting oil output by up to 1.5 million ...
Source: Reuters - 🏆 2. / 97 Read more »
Oil drops 4 percent amid OPEC battle with RussiaOPEC and its allies are working towards cutting oil output by up to 1.5 million barrels per day but could fail to reach a deal if no compromise is found with Russia, the Saudi energy minister said on Thursday. 🙏 OPEC 🤜 🤛 Russia
Source: NBCNews - 🏆 10. / 86 Read more »
OPEC and Russia poised to impose steep production cuts despite US pressureOPEC and its allies are expected to agree on the terms of price-boosting output cuts on Thursday, despite pressure from President Donald Trump to reduce the cost of crude. Good Aside from backstabbing the Saudis & OPEC with sanction waivers Trump is clueless & doesn't care that so many world economies fund themselves with their oil, as do US oil CO's, who also require higher pricing to develop fields & produce. CAPEX is critical. So is ignoring Trump
Source: CNBC - 🏆 12. / 72 Read more »
OPEC, Russia move closer to cutting oil outputOPEC and Russia moved closer on Wednesday to agreeing cuts in oil production fro... Trump should slap some hard sanctions on them Booooo sssssss
Source: Reuters - 🏆 2. / 97 Read more »