News // Middle East and OPEC
The value of the U.S. dollar is having more of an impact on oil markets than the OPEC effort to trim production.
08 September 2017 , 18:00Neftegaz.RU5600
Iraq said it has gone deeper than its pledged oil-output cut.
04 September 2017 , 13:00Neftegaz.RU4450
Hundreds of millions of barrels of crude oil are lacking from the global energy market because of joint efforts with OPEC.
24 July 2017 , 15:31Daniel J. Graeber4330
Libya has been called on by the OPEC to share production plans at a summit next week, an oil company director said.
19 July 2017 , 10:12Neftegaz.RU4800
As members of the OPEC, Nigeria expressed commitment to support all resolutions to stabilize the international oil market.
14 July 2017 , 14:12Neftegaz.RU5080
Kazakhstan is standing by its commitment to stick to the OPEC/non-OPEC agreement for production cuts.
13 July 2017 , 16:11Neftegaz.RU5530
Russia will oppose any attempts to deepen the oil production cuts currently in effect in OPEC and 11 other oil producers.
06 July 2017 , 10:11Neftegaz.RU3800
OPEC has revised its outlook for oil production in Russia in 2017 downwards by 117,000 barrels per day.
15 June 2017 , 12:11Neftegaz.RU5950
It is something of an unholy alliance, but Russia and Saudi Arabia are becoming ever closer allies in a graphic example of realpolitik.
07 June 2017 , 16:11Neftegaz.RU4790
Kazakhstan’s energy officials are continuing to officially confirm to the public what is already widely known by now - that they have no intention to stick by pledges on oil output curbs.
05 June 2017 , 00:34Neftegaz.RU4330
One OPEC delegate at the meeting in Vienna said the group of 14 oil producers had agreed to extend cuts in production by 9 months to March 2018.
25 May 2017 , 16:17Neftegaz.RU5750
Rosneft has begun strategic planning for post-OPEC cut oil markets, according to the state-owned oil giant’s CEO Igor Sechin.
19 May 2017 , 16:15Neftegaz.RU5270
Putin and Maduro discussed the global oil markets situation in a telephone call at Venezuela’s initiative.
19 May 2017 , 14:12Neftegaz.RU5900
Saudi Arabia and Russia have agreed to extend the Opec and non-Opec oil output reduction deal for another 9 months.
15 May 2017 , 17:27Neftegaz.RU5530
An agreement on oil output cuts reached by major oil-producing countries is likely to be extended for another 6 months or even longer, Novak said.
15 May 2017 , 13:00Neftegaz.RU5630
Saudi Aramco will be launching in 2018 the revamped Muajjiz oil terminal on the Red Sea that would raise the Kingdom’s oil loading and export capacity to 15 mln bpd.
02 May 2017 , 14:16Neftegaz.RU5370
Russia has effectively reached its 300,000-bpd production cut target under its agreement with OPEC.
02 May 2017 , 12:11Neftegaz.RU5490
There is only one thing standing in the way of higher oil prices, and it is not U.S. shale companies. The only obstacle standing in the way of higher oil prices today is Russia.
01 May 2017 , 00:01Neftegaz.RU5810
OPEC's secretary general confirmed to Russian media that members of a committee reviewing an oil production deal are preparing for meetings in May.
19 April 2017 , 16:24Neftegaz.RU4920
Russia's oil production will reach a record high of 549 million tons in 2017 despite a planned output reduction.
13 April 2017 , 12:12Neftegaz.RU6830