Azerbaijan is in talks to join the Organization of Petroleum Exporting Countries (OPEC) as the cartel is looking to bolster its position against the backdrop
Tag: Mohammed Barkindo
Oil Market Update: Compliance with OPEC’s Production Cut Deal ‘Extremely High’
The global oil market is stabilizing thanks to the full compliance of the OPEC countries to the cartel-administered deal that seeks to curb supply in
OPEC Head Urges All Producers to Join Production Cuts
OPEC’s Secretary General Mohammed Barkindo urged US shale oil companies to help curb global oil supply warning that the market might need to be rebalanced
Market Update: Iraq to Fully Comply with OPEC Production Freeze
Iraq has pledged to fully comply with the agreement to cut oil supply in order to prop up crude prices, OPEC Secretary General Mohammed Barkindo
Market Update: OPEC Readying to Launch an Oil Freeze Deal
Venezuelan President Nicolas Maduro yesterday (16 November) attended an agreement signing ceremony with representatives of two oil companies – Venezuelan Delta Petroleum and India’s ONGC
OPEC to Meet Russia: Doubts about the Freeze on Rise
Energy ministers of OPEC members – Saudi Arabia, Iran and Iraq – will be meeting with their Russian counterpart for informal talks next week during
Market Update: Oil Output Freeze Looming Over
The OPEC’s Secretary General said yesterday (20 September) that a possible deal aiming to prop up oil prices could last for one year. The cartel
OPEC Fails to Agree on New Output Ceiling
OPEC did not manage to agree on a straightforward production strategy yesterday (2 June) as Iran insisted on boosting its own output despite the fact