Search For "petroleum exporting countries"
Oil prices nosedive after OPEC+ deal collapses
Updated : 6 years ago IST
New York [USA], Mar 7 (ANI): Oil prices have plunged to multi-year lows on Friday (local time) after a deal between the Organization of the Petroleum Exporting Countries (OPEC) and its allies, led by Russia, collapsed in Vienna.
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We are committed to 'relative stability' in oil market beyond 2020: OPEC S
Updated : 6 years, 5 months ago IST
New Delhi [India], Oct 15 (ANI): The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday said that its members are determined to ensure that 'relative stability' in the oil market is sustained beyond 2020.
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Iran has no plans to leave OPEC, says oil minister
Updated : 6 years, 9 months ago IST
Tehran [Iran], Jun 8 (ANI): Iran "has no plans" of leaving the Organisation of the Petroleum Exporting Countries (OPEC), according to its Oil Minister Bijan Zanganeh.
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OPEC keeps forecast for Global Economic Growth in 2018 unchanged at 3.7 %:
Updated : 7 years, 3 months ago IST
Moscow [Russia], Dec 12 (Sputnik/ANI): The Organization of the Petroleum Exporting Countries (OPEC) has not revised its forecast for global economic growth, and it remains at 3.7 per cent for 2018 and at 3.5 per cent for the next year, OPEC said in its Monthly Oil Market Report released on W
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OPEC agrees to cut crude oil production by 1.2 million barrels/day
Updated : 7 years, 3 months ago IST
Vienna [Austria], Dec 8 (ANI): In an aim to boost global oil markets, member countries of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies on Friday decided to slash crude oil production by 1.2 million barrels per day.
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OPEC will 'seriously consider' PM Modi's views on slashing oil prices
Updated : 7 years, 3 months ago IST
Vienna [Austria], Dec 7 (ANI): The Organisation of the Petroleum Exporting Countries (OPEC) would "seriously consider" Prime Minister Narendra Modi's views on lowering global crude oil prices, Saudi Energy Minister Khalid Al-Falih said on Thursday.
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OPEC, non-OPEC members to discuss Qatari withdrawal influence on oil deal
Updated : 7 years, 3 months ago IST
Moscow [Russia], Dec 4 (ANI/Sputnik): The Ministerial Monitoring Committee of the Organization of the Petroleum Exporting Countries (OPEC) and non-cartel oil producers will be discussing on Wednesday the influence that Qatari withdrawal from OPEC may have on the oil output cut deal, Russian
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Qatar to withdraw from OPEC in 2019
Updated : 7 years, 3 months ago IST
Doha (Qatar) Dec 03: Qatar's Energy Minister Saad Sherida al-Kaabi on Monday announced that Qatar will withdraw from the Organisation of the Petroleum Exporting Countries (OPEC) in January 2019.
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Saudi Arabia looking into possible effects of OPEC collapse: Reports
Updated : 7 years, 4 months ago IST
Moscow [Russia], Nov 09 (Sputnik/ANI): Saudi Arabia's state-funded think tank is looking into potential effects of the dissolution of the Organization of the Petroleum Exporting Countries (OPEC) amid US pressure over oil prices and investments withdrawal from Saudi Arabia in the wake of the
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India-OPEC discuss on surging oil prices
Updated : 7 years, 4 months ago IST
New Delhi [India], Oct 17 (ANI): The Organization of the Petroleum Exporting Countries (OPEC) secretary general Sanusi Barkindo and Union Minister of Petroleum and Natural Gas Dharmendra Pradhan held a meeting on Wednesday to discuss the surging crude oil prices at the third India-OPEC Energ
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OPEC cuts 2018 world oil demand growth forecast over Turkey, Brazil, Argen
Updated : 7 years, 5 months ago IST
London [UK], Oct 11 (ANI/Sputnik): The Organization of the Petroleum Exporting Countries (OPEC) downgraded its global oil demand estimate due to changes in economy forecasts for Turkey, Brazil, Argentina, a report by the OPEC showed Thursday. The OPEC, however, has forecasted non-OPEC oil su
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Global oil prices touch four-year high
Updated : 7 years, 5 months ago IST
New York [USA], Sep 26 (ANI): After the Organization of the Petroleum Exporting Countries (OPEC) dismissed the United States President Donald Trump's request for increased production and lower rates, oil prices have hit a four-year high.
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