Tagged With Opec
Opec commits to 30m barrels a day target
18 June 2015
The latest target rollover means more crude is on the way
Opec ready to stay the course after slow progress
22 May 2015
Prices need to fall again if the group's strategy to regain market share is to work
Russia’s aversion to Opec output cuts
8 May 2015
Though the country has suffered from the downturn they will not agree to change their policy
Opec supply has highest monthly increase in four years
22 April 2015
Organisation of the Petroleum Exporting Companies (Opec) reached a high supply rate in March - along with global oil supply
Shale operators struggle to balance books
31 March 2015
These are tough times for all but the biggest US unconventional energy producers. For small firms, suddenly deprived of income following the fall in oil prices, expansion plans are evaporating and financing to tide them over the slump has been hard to find, forcing some to seek buyers
Non-Opec producer Oman struggles with Opec policy
26 February 2015
Oman, a large non-Opec producer is struggling under the wilting oil price
More price drops predicted as the market is yet to recover
19 January 2015
Oil prices could take some time to bounce back - and the rout is not over yet
Angola under pressure from debt and missed targets
16 January 2015
The oil revenue squeeze is presenting the government with its greatest challenge since the civil war
Companies must change their strategy in the downturn
14 January 2015
Upstream developments are often troubled by cost inflation and over-runs. SBC’s Eric Janvier* argues that as discoveries become more marginal and oil prices continue to fall, oil and gas companies must take a closer look at project management – and change the way they select and execute project
Oil markets are dangerously rebalancing as prices fall
11 December 2014
Cheap oil will be a boon for consumers, but carries long-term risks too
Saudi ruler King Abdullah reshuffles his cabinet
10 December 2014
King Abdullah took the step as a response to growing criticism of the government
Even lower prices await the oil industry
10 December 2014
The market is at last adjusting to the fundamentals of weak demand growth and burgeoning supply
Non-Opec growth to outpace improving demand
10 December 2014
The International Energy Agency says the trend is likely to continue into the new year
Opec leaves policy unchanged as oil price rout continues
10 December 2014
Oil prices are now at their lowest level since the financial crisis
A rebalancing of the petrodollar is starting
9 December 2014
As the latest multi-year rally in oil prices ends, a massive rebalancing of petrodollar is about to begin
Saudi Arabia gambles as Opec makes no cuts
29 November 2014
The kingdom’s shift in strategy is as risky as it was abrupt
Opec holds output steady amid talk of new price war
25 November 2014
The 30 million barrel a day (b/d) ceiling was retained, and prices dropped as a result of the announcement
Opec gambles against US tight oil amid low oil prices
30 October 2014
They may not realise it yet, but the US’ tight oil producers are in a game of who-blinks-first with Opec
Venezuela suffering under the falling oil price
23 October 2014
Venezuela's oil industry, like its economy, is still in a mess. Falling oil prices could not have come at a worse time
Ecuador cannot afford falling prices or an Opec output cut
23 October 2014
Opec’s smallest group has limited sway over policy
Political problems threaten Iraq's oil industry
23 October 2014
Renewed war in northern Iraq leaves Baghdad desperate to expand exports in the south. It may also lead to a deal with the Kurdish Regional Government – but rejoining Opec’s quota system is not on the cards, writes Gerald Butt
Saudi Arabia reluctant to pull back Opec export volumes
23 October 2014
Opec’s heavyweight is no longer prepared to bear the brunt of the group’s cuts. Losing on price and volume share is to be avoided at all costs, writes Bill Farren-Price
Gulf Cooperation Council producers wary in uncertain market
23 October 2014
The main Gulf Opec players are wary of ceding market share to rival producers, but also wish to keep prices in the comfort zone
Pressure on Opec from weak demand and rising supplies
23 October 2014
But these pressures are not for the first time. Robin Mills puts the latest crisis in context
Opec must decide between market share and oil price
23 October 2014
The legacy of Opec’s high oil-price strategy is now plain: rising supply and weakening demand growth. The group must decide whether to rescue its market share or the oil price
Glimmer of hope amid the falling oil price gloom
22 October 2014
Lower oil prices will be tough for the industry, but good for the global growth and demand