“We have made great success today. We reviewed all scenarios… [and] we have been able to reach an agreement,” Qatar …
Crude oil prices surged Wednesday following news from OPEC that the group agreed to cut 1.2 MMBOPD of production after two years of …
OPEC’s Oil Monthly Report for August, released Monday, showed stronger than expected production from non-OPEC sources, indicating the crude oil glut may take more time …
Global oversupply in the oil market has almost become a curse word in the oil and gas industry. Since the OPEC decision to maintain output levels on November 28, 2014, the industry …
A recent note from Wells Fargo Equity Research highlights the continued unresponsiveness of production in the face of low oil prices, but the analysts say they expect the market to rebalance in 2016. …
