Post Tagged with: "Production cap"

Source: Kremlin.ru

Brent Shoots to $53.73 after Putin Offers Support for OPEC Production Cap

Vladimir Putin calls for non-OPEC support of the group’s production cap

Oil prices surged Monday as Russian President Vladimir Putin offered support for OPEC’s proposed production cap policy. Russia, the world’s largest energy exporter, is ready to join the group …

Iran Looks to Be the Winner in OPEC’s Play for Market Share

Iran Looks to Be the Winner in OPEC’s Play for Market Share

Iran’s national oil company signs $2.2 billion deal with Persia Oil & Gas Industry Development Co.

Iran continues to look for ways to rejuvenate its oil and gas sector following news from Algiers last week that the Islamic Republic would …