OPEC
OPEC ministers maintain oil supply cuts for price recovery
Ministers of the Organisation of the Petroleum Exporting Countries (OPEC) have decided to maintain cuts to oil supplies in coming…
Commentators react to US crude oil trading at negative prices
On Monday, US West Texas Intermediate crude oil briefly spiked with a negative trading price. In effect, traders were paid…
Russia feuds with OPEC countries as oil price freefall continues
Members of the Organisation of the Petroleum Exporting Countries (OPEC) have put a deal to other countries to further cut…
Brazil plans to increase production without joining OPEC
Brazil’s energy and mines minister Bento Albuquerque said Brazil has no official plans to join the Organization of Petroleum Exporting…
Offshore Technology Focus: Issue 66
US President Trump’s recent decision to pull out of the Iran deal has, as expected, rocked the oil industry and…
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Oil prices stable due to fall in US rig count
Oil prices have remained steady due to fall in US rig count and on increasing expectations that Saudi Arabia would…
Oil prices fall as another storm heads towards Gulf of Mexico
Oil prices have fallen as traders have remained cautious over a tropical storm Nate, which is advancing towards the Gulf…