OPEC


All posts for OPEC

Energy Dominance Needs NAFTA

Opportunities abound for negotiating a better NAFTA. As the Trump Administration pushes for modernization, one commonsense policy area that should be preserved and improved is energy. Tuesday, January 16, 2018 12:00 pm - 1:00 pm Live Streamed Add to Calendar + The Heritage Foundation Lehrman Audito ...

Will Fine


    US 16 Jan 2018


Posted 2 years agoEvent > NAFTAMexicoNew Mexico +30

Will 2018 see an oil race between the U.S. and Russia?

Things are looking up in the global oil market. The market is rebalancing and oil prices are rising. Pushed up by protests in Iran, supply cuts by OPEC and Russia, and the return to full operations of the Forties pipeline system in the North Sea, oil prices posted their strongest opening to a year s ...

Scott Johnson


Posted 2 years agoOpinion > Oiloil priceOPEC +2

Dr. Daniel Fine: Oil and Gas: A Look at What 2018 May Bring

Trump leads mass deregulation effort; comeback seen for San Juan Basin by Dr. Daniel Fine The price of oil in 2018 will be volatile with commodity market traders selling on signals of OPEC-Russia “cheating” or members producing more oil than the extended Algiers Agreement output quotas. This shou ...

Will Fine


Posted 2 years agoOpinion > Donald TrumpPresident TrumpTrump +68

The 2018 NrgEdge Oil & Gas Industry Outlook

Part 1 Two things are certain in 2018 in the oil markets. In June, OPEC will convene in Vienna where it will announce that the global oil markets are almost in balance, outlining an exit strategy where the 14 country block and the Russia-led NOPEC block will eliminate strict targets but agree to ...

Easwaran Kanason


Posted 2 years agoOpinion > oil priceDemandsupply +5

Oil Prices Set to Fall in January – But Could 2018 See a Major Collapse?

There have been four major modern oil price collapses: 1986, 1998, 2008, and the most recent in 2014. Most market watchers agree that prices will fall in January 2018, but could we be on the cusp of another collapse? To spot the signs we need to go back to June 2014. Between 2000 and 2008 , oil p ...

Scott Johnson


Posted 2 years agoOpinion > Oil Price predictionscollapseUS Shale +7

The One Indicator OPEC Must Watch

By Nick Cunningham of Oilprice.com “We will not let go of our current approach until we reach a balanced market,” Saudi oil minister Khalid al-Falih said Monday at a news conference in Riyadh. OPEC ended months of speculation last week when it decided to extend its production cuts through th ...

Oilprice Staff


Posted 2 years agoOpinion > OPECoilpriceSaudi Arabia +1

S&P Global Platts Preview of U.S. EIA Data: Likely to Show Crude Stocks Fell 4.1 Million Barrels

NEW YORK (December 4, 2017) – Increased U.S. refinery utilization following autumn maintenance likely drew crude barrels out of storage and pushed product inventories higher last week, consistent with seasonal norms for this time of year, according to an S&P Global Platts preview of this week's pen ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > EIAEnergy Information Administration EIAS&P Global Platts +5

OPEC Puts Icing on the Cake

As expected, OPEC and its non-OPEC partners have extended their production agreement through 2018 and even assigned “soft targets” to include Nigeria and Libya. Saudi Arabia's Energy Minister, Khalid Al Falih made it clear in his opening remarks that the goal of the year-old deal had not been ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > OPECNon-OPEC ProductionNigeria +3

Comments on OPEC Announcement - S&P Global Platts Analytics

“In agreeing to extend current production quotas OPEC and non-OPEC nations are managing a fine balance which is likely to maintain prices at current levels in the near term.  Normalised stocks are lower than generally thought because of new infrastructure builds, stronger demand and higher exports ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > OPECS&P Global PlattsNon-OPEC

Oil price, Victoria Oil & Gas And finally…

  Oil price The Opec meeting ended up with what everyone expected, a maintenance of cuts through to the end of 2018. There was a modest tip of the hat to Russia by agreeing to a ‘production review' at next June's meeting which may be interesting. There is no certainty that at that stage thing ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceVictoria Oil & GasOPEC +1

Oil price, Sound Energy, Sundry-Sirius Petroleum, Lamprey, And finally…

  Oil price Opec day today so we are in the land of guesswork, yesterdays modest fall was in response to the speech by the Saudi Oil Minister who was corralling the Russkis to sign up for the 2018 deal. The price this morning is showing Brent up by nearly 50 cents so is predicting an agreeme ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceSound EnergySundry-Sirius Petroleum +2

Dr. Daniel Fine on Oil and Gas: Prices and Supply Short of War in Middle East

One day after the OPEC annual meeting, although composed for publication two weeks ago, this column moves the clock forward to early 2018.  There is a background noise of regional “hybrid war” intruding on the market price of World and West Texas Intermediate oil. Most analysts both commercial and ...

Will Fine


Posted 2 years agoOpinion > Kingdom of Saudi ArabiasaudiSaudi Aramco +89

Oil price, Shell, Ascent Resources, Frontera Resources, Touchstone, Link, ROK’N’OIL And finally…

  Oil price With only two days to go until Opec D-Day things are remarkably quiet by historical standards, normally stances are being set and requirements demanded but right now only two things matter, how long will the accord be extended and are the Russkis on board. How long is relatively e ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceShellAscent Resources +11

Russia's Mixed Feelings on Extending Production Deal

For Mr. Putin, the deal with OPEC has lifted oil prices, liquidated a global oil glut, and paid dividends in the form of improved relations with Saudi Arabia, boosting Russia's real and perceived influence in the Middle East. At this juncture, however, the benefits for Russia and thus Mr. Putin ...

OilVoice Press - OilVoice


Posted 2 years agoOpinion > RussiaPutinOPEC +5

Oil price, Tullow/UOG, President Energy, WOGW And finally…

  Oil price Opec week finally comes around and as usual it seems that most of the decisions have been made in advance in order to give the impression of harmony and accord amongst the member states. Obviously, with the Opec/Non-opec agreement there are more meetings to squeeze in ahead of Thurs ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 years agoOpinion > oil priceTullow OilOPEC +3