Tag Archives: OPEC

The organization of countries-exporters of oil (OPEC) kept the forecast of global oil demand in 2016, which is expected to grow by 1.2 million barrels a day to 94.18 million barrels a day, from the may report of the organization. In 2015, according to the organization, oil demand in the …

The organization of countries-exporters of oil (OPEC) in April to increase production to 330 thousand barrels per day to 32.76 million barrels. This is the maximum value since 2008. The relevant information contains in materials of the International energy Agency (IEA). Production increased at the expense of Iran and the …

OPEC has virtually ceased to exist as a single organization. This opinion was expressed by President of “Rosneft” Igor Sechin in an interview with Reuters. According to him, the days when OPEC was determining the conditions on the world oil market, it is possible to forget. In addition, a number …

According to data for April, OPEC set a record for the amount of extracted oil. On it informs Agency Bloomberg, citing a survey of representatives of oil companies and economic experts. According to recent data, oil production by OPEC countries last month increased by 484 thousand barrels compared to March. …

Question freeze oil production at a certain level is not so relevant, because many countries and so have reached the maximum production level and stopped it. “They know the level at which can freeze the prey, therefore, to freeze or not is not the question”, — told RIA “news” the …

The world prices for oil during the auctions on Friday, went up the day before after OPEC announced its readiness to resume talks about the freezing of the mining of raw materials next, the June meeting of oil-producing countries. The price of the June contract for Brent oil to 7.23 …

In the Organization of countries-exporters of oil (OPEC), there are significant disagreements about freezing of oil production. This was during the National oil and gas forum said the Minister of energy of Russia Alexander Novak, reports TASS. He noted that the Ministry is not convinced that OPEC will be able …

In OPEC believe that the collapse in oil prices, which lasted a year and a half, will soon reach the bottom. This is stated in the statement of the Secretary General of OPEC Abdullah El-Badri, posted on the IMF website. El-Badri, in particular, points to the recent recovery in oil …

Iran has said it will boycott a meeting between OPEC members and countries outside of OPEC, Qatar, because he disagreed with the order to freeze oil production at the level of January. Note that the meeting will be held on Sunday, April 17. “We talked to some members of OPEC …

According to experts of the Organization of countries — exporters of oil (OPEC), the price of black gold in 2016 will continue to grow, aided by a number of factors, such as the decline in production in some regions, as well as the weakening us dollar and strong demand for …