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OPEC’s moves to determine fate of oil markets in 2018

After a volatile 2017, oil markets turn towards 2018 and the topics that will dominate the next 12 months. Below Stratas Advisors sorted the...

Oil prices slip on OPEC deal extension jitters

(Reuters) - Oil prices eased on Tuesday, weighed down by uncertainty over the outcome of an OPEC meeting this week at which an extension...

Oil heads for two-year high as U.S. stocks shrink ahead of...

Oil headed for its highest close since June 2015 while trading volume surged after U.S. industry data showed crude stockpiles resumed declines and as investors...

As Venezuela pumps below OPEC target, oil rivals begin filling gap

(Reuters) - As Venezuela’s dilapidated energy sector struggles to pump enough crude oil to meet the country’s OPEC output target, rival producers within the...

OPEC predicts global oil demand will surpass 100 million bpd by...

The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over the next two decades,...

Oil price hit a 28-month high

Oil price hit a 28-month high last week due to expectations on the OPEC/non-OPEC output-cut agreement and concerns about the political tensions in Saudi Arabia. Last...

Oil rally looks set to run into 2018 if OPEC extends...

(Reuters) - Oil will likely rally into 2018 with periods of volatility as an anticipated extension of OPEC-led output restrictions offsets higher U.S. production,...

OPEC Secretary General optimistic of oil’s outlook

OPEC Secretary General Mohammad Sanusi Barkindo, has signaled optimism that the international oil market is rebalancing itself at an accelerated pace and that there...

OPEC keeps oil market guessing over further production cuts

(Bloomberg) - Ministers from OPEC and its allies look set to keep everyone waiting longer for confirmation of further action to rebalance the oil...

OPEC forecast higher demand for its crude in 2018 due to...

(Reuters) - OPEC forecast higher demand for its crude in 2018 on Thursday due to rising global consumption, and pointed to signs of a...