G20


All posts for G20

Angola: Supporting Cross-Border Cooperation

*This article will be published in the upcoming AES: Angola COVID-19 Impact ReportAs a response to the reduction in oil demand amid global lockdowns, the Organization of Petroleum Exporting Countries (OPEC) and the G20 met in March, seeking to reduce the global supply of petroleum among top produc ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 months agoLink > AngolaLuandaAngola Oil & Gas +27

The Great “Too Little, Too Late” Deal

It immediately props up the current traded prices of crude oil, which were languishing in the US$25/b level before chatter of the deal emerged but it also is prescient enough to acknowledge that the negative impact of Covid-19 will linger for very long, hence the need for a long tail to the deal. ...

Hui Shan


Posted 7 months agoLink > OPECsaudiRussia +7

OPEC, Russia tentatively agree to production cuts

OPEC and Russia, however, want the U.S. to impose state-mandated cuts, rather than let the free market force producers to scale back operations through low prices. And even if a deal is reached, it may do little to raise oil prices, since consumption is now hovering at 50-year lows, and with the ...

Will Fine


Posted 7 months agoLink > OPECG20Non-OPEC +54