Friday, September 18, 2026

OPEC-Russia Inch Toward Output Cuts, How Far Will They Go?

From Bloomberg OPEC and its allies gather in Vienna this week to discuss production cuts after the biggest monthly drop in oil prices in a decade. They have the broad outlines of a deal after Russia and Saudi Arabia agreed over the weekend to extend their cooperation into 2019, but details are lacking. Whether the group brings about the end of the

Senators Rip Saudi Crown Prince after CIA Briefing: ‘There’s a Smoking Saw’

‘He was complicit in the murder’ – Graham “The crown prince directed the murder and was kept apprised of the situation all the way through” – Corker From The Hill Senators emerged from a briefing with CIA Director Gina Haspel blaming Saudi Crown Prince Mohammed bin Salman for the death of U.S.-based journalist Jamal Khashoggi and promising further action. “There’s

Some Canadian Producers Push Back as Alberta Orders Oil Cuts

From Reuters Several oil companies in Canada pushed back on Monday against Alberta’s mandated cuts in crude production, warning about excessive government intervention even as the discount on Canadian crudes narrowed sharply on the curtailment plan. Alberta Premier Rachel Notley said on Sunday the government would force producers to cut output by 8.7 percent, or 325,000 barrels per day (bpd),

Shell Says Production at Prelude FLNG To Start at End-2018

From Reuters Royal Dutch Shell expects production at its Prelude floating liquefied natural gas (LNG) unit to start at the end of the year, a spokeswoman told Reuters on Tuesday. “We continue to progress Prelude towards operations, with safety and quality being our main focus … We expect to see production around the end of the year,” she told Reuters