Tagged With Opec
27 February 2024
Oil producer group could spearhead the shift to cleaner energy in member countries and be part of transition solution
8 February 2024
Saudi Arabia’s decision not to expand capacity target seen as bolstering UAE’s position within OPEC+
6 February 2024
Secretary general says oil can help solve trilemma and is upbeat on ‘flexible’ OPEC role to help manage crude supply longer term
26 January 2024
The organisation remains vital to ensuring future energy demand is met
22 January 2024
Luanda’s decision to leave the influential group surprised many observers but may have been coming for some time
19 January 2024
UAE looks a prime candidate to assert its growing power amid a group unlikely to either gain or lose many members in the foreseeable future
16 January 2024
A high-price market management strategy will continue to prove difficult until demand makes a strong recovery
30 January 2023
Opec+ and the IEA have both revised up 2023 forecasts for Chinese oil demand in recent weeks
23 November 2022
Governments around the world must decide how to approach the energy trilemma amid ongoing volatility
18 November 2022
Energy markets have had an extraordinary 2022, sparked by Russia’s invasion of Ukraine and subsequent retaliatory action. But the full effect on the oil market has yet to be seen
26 October 2022
Opec+ cut agreement suggests Moscow’s Middle Eastern stock remains high
6 October 2022
Crude price gains will not be the only result of the cartel’s decision to cut production
9 August 2022
The cartel is happy to wait for further developments before committing to more drastic action
1 August 2022
MbS almost certainly did not mean what oil bulls have convinced themselves he did
21 July 2022
Reforms to the NOC come at a crucial time for Nigeria’s upstream
7 July 2022
Tributes have been paid to Mohammed Barkindo, who passed away aged 63
4 July 2022
Consultancy sees Brent potentially averaging $120/bl in Q3, but the outlook remains mixed
10 June 2022
The Emirati firm continues to reap the benefits of recent licensing rounds, adding reserves as it works to increase production capacity
29 March 2022
Western countries want Mideast Gulf producers to boost output, but the options are limited
9 March 2022
Analysts see potential for $200/bl+ if it becomes ever more difficult in practice for Western nations to buy crude from Russia
1 March 2022
The country has been working to attract renewed upstream foreign investment since quitting Opec
25 February 2022
Opec’s top producers are unlikely to deviate from an agreement that has brought market stability and buoyed prices
31 January 2022
The impact of a breakdown in Russo-US relations is much more nuanced in liquids than in gas
24 November 2021
How the cartel reacts to record release of barrels is the key variable for oil markets
4 November 2021
The cartel opts not to spring any surprise by swifter loosening of the supply shackles
1 November 2021
The Paris-based intergovernmental organisation has its eyes firmly on a net-zero future. Opec not so much
26 October 2021
Asia’s crude supply has shifted in recent months as Mideast Gulf producers have increased exports. And that trend may continue into the new year
3 August 2021
An understanding that the Opec partners are better working together appears likely to keep the peace
2 August 2021
The organisation may have smoothed over the cracks this time. But the UAE’s very public dissent may be just the first sign of things to come
6 July 2021
The Kingdom has a radically divergent perspective on both the short- and long-term oil market. And that could mean the cracks in the cartel only getting wider
29 June 2021
No longer having to choose between price and market share means the cartel does not need to rush to ease cuts, says analyst
27 May 2021
There are many reasons to be cheerful across the Mena oil and gas patch
1 April 2021
The group had been widely anticipated to keep the prior agreement in place, but a rapidly agreed deal will see cuts relaxed through the summer
30 March 2021
Pivot towards Asia paves the way for a new crude futures contract, offering an attractive alternative to long-established grades
25 March 2021
The agency may be overestimating demand and lowballing Opec supply to foresee a tighter market than will materialise
8 February 2021
US diplomatic goals, if achieved, will impact the Iranian, Saudi and Yemeni energy sectors
25 January 2021
Saudi sacrifice shows greater appetite for compromise in a price environment that is not win-win for the two Opec+ heavyweights
21 January 2021
Unilateral production cuts and reconciliation with Qatar may look like a full retreat from longstanding policy positions. But they may yet prove smart tactical moves
18 January 2021
If Russia can marshal allies to seize control of the producers’ group, it might respond to structural demand concerns with a volume-over-value strategy
14 January 2021
The past offers painful warnings against the temptations that 2021 may bring
18 December 2020
Covid-19 has forced Opec+ to weather unprecedented oil demand destruction and oversupply. 2021 will be equally as challenging
15 December 2020
Abu Dhabi may have fallen into line for now, but tensions could re-emerge next month
11 December 2020
International attention may have focused on their Opec+ oil market stabilisation role. But the region’s NOCs have had concerns closer to home
31 July 2020
Colin Bryce continues his oil markets story, as a new decade ushers in further changes to the trading landscape
17 July 2020
Russia’s Opec+ compliance has pushed its benchmark grade to a premium over Brent. But this is not good news for the country’s large integrated oil firms
14 July 2020
Crude price comes under pressure from concerns over a second coronavirus wave just as Opec+ considers loosening the supply taps. But are the worries overdone?
8 July 2020
From boosting oil production to throttling it back and with challenging oil and gas dynamics in both the short and longer-term, the region’s producers have their hands full
6 July 2020
The Russian strongman’s referendum delivered him the expected result. But there are troubles on the horizon
19 June 2020
Traders see the positives as producers commit to even greater respect for quotas
1 May 2020
The global gas market faces choppier waters on demand uncertainty, overbuoyant supply and lower-for-longer oil