Commodities like oil, natural gas ... caught off guard by a significant shortfall in non-OPEC supply growth. As clearly illustrated in the chart below (courtesy of Mike Rothman at Cornerstone ...
Recall, energy was broadly under pressure from 2H14 until oil prices bottomed in February 2016 at $26 per barrel as OPEC ... chart below plots year-over-year distribution changes since 2007 from ...
The 1973 OPEC oil crisis showed Europeans the dangers of overdependence on ... increased imports from Norway’s blooming gas fields and LNG. Check any multi-year chart tracking the U.S. natural gas ...
OPEC has criticized the IEA for inconsistent messages regarding oil and gas investment, particularly a recent shift from advocating against new projects to calling for investment in existing fields.
LONDON, March 5 (Reuters) - OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to curb the flows, and Nigeria boosted output ...
LONDON - OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to curb the flows, and Nigeria boosted output above its target within ...
The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast as it prepares to start raising output next month despite broader concerns over the wider economic growth ...
Other African OPEC members include Congo, Gabon, Equatorial Guinea, and Libya. He emphasised Africa’s significant oil reserves, with proven reserves amounting to approximately 120 billion barrels.
Output target as announced by the countries making voluntary cuts, or as announced by OPEC. Excludes Iraq compensation plan for ... Venezuelan data includes upgraded synthetic oil. Nigerian crude ...
MOSCOW (Reuters) - Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on Wednesday.
HOUSTON, March 11 (Reuters) - Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday. After years of underperforming OPEC quotas ...
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