OPEC, non-OPEC panel unlikely to recommend further oil output hike

Sun, 23 Sep 2018 - 08:47 GMT

The panel is also unlikely to decide how to distribute the output increase of 1 million barrels per day decided when OPEC and allied producers last met in June, sources said.

Oil prices steady as OPEC supplies weigh but Iran sanctions loom

Mon, 03 Sep 2018 - 08:27 GMT

International Brent crude oil futures LCOc1 were at $77.67 per barrel at 0651 GMT, up 3 cents from their last close.

Oil markets dip amid mixed price signals

Tue, 28 Aug 2018 - 08:40 GMT

International Brent crude oil futures LCOc1 were at $76.14 per barrel at 0625 GMT, down 7 cents from their last close.

Kuwait expects oil exporters to agree on mechanism to monitor supply

Wed, 22 Aug 2018 - 08:34 GMT

OPEC and other oil exporting producers are expected to agree on a mechanism to monitor their crude production before the end of the year, Kuwaiti Oil Minister Bakhit al-Rashidi said on Wednesday.

OPEC, non-OPEC producers to study long-term cooperation in June

Tue, 20 Feb 2018 - 10:28 GMT

OPEC, non-OPEC producers seek to avoid major market shocks, the United Arab Emirates’ energy minister told Reuters.

Global oil market seen balanced in 2018, even with rising output: IEA

Thu, 12 Oct 2017 - 09:11 GMT

Global supply and demand for crude oil will be largely balanced next year.

OPEC, non-OPEC to convene in Abu Dhabi Monday

Mon, 07 Aug 2017 - 12:25 GMT

The convention will consider the difficulties and challenges facing the OPEC and non-OPEC producers to achieve the highest rates of commitments to the agreement.