Post Tagged with: "OEPC"

Saudi Arabia to Extend Deep Oil Output Cuts Into April

Saudi Arabia to Extend Deep Oil Output Cuts Into April

From Bloomberg

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed production cuts into a second month, a Saudi official familiar with the policy said.

The move is the latest sign Riyadh …

March 11, 2019 - 12:56 pm Closing Bell Story‎, Crude Oil News, Energy News
OPEC sends fewest oil cargoes to United States in at least five years

OPEC sends fewest oil cargoes to United States in at least five years

From Reuters

OPEC crude cargoes leaving for the United States in December dropped to the lowest level in at least five years, data from Refinitiv Eikon and market intelligence firm Kpler show.

Oil cargoes departing from OPEC nations to the …

January 4, 2019 - 2:41 pm Closing Bell Story‎, Crude Oil News, Energy News
Indonesia to Rejoin OPEC

Indonesia to Rejoin OPEC

OPEC plans to add net-importer Indonesia back into the cartel

Indonesia will rejoin OPEC after leaving the organization in 2009, according to I Gusti Nyoman Wiratmadja Pudja, director-general of oil and gas at the country’s energy ministry. All of OPEC’s …

June 15, 2015 - 3:54 pm International, Oil and Gas 360 Articles, OPEC