OPEC, allies likely to delay emergency meeting to April 8 or 9 – Reuters
OPEC and its allies will likely postpone its their emergency virtual meeting until April 8 or 9 to allow more time…
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OPEC
OPEC: Egypt among countries to see largest oil supply falls in H2
Global oil demand is assumed at 99.73 mb/d in 2020, but the second half of 2020 is forecasted to see higher…
Egypt’s stock exchange plunges at early trade as coronavirus fear spreads worldwide
Egypt’s stock exchange (EGX) plunged in early trade on Monday exacerbated by fears surrounding the coronavirus…
OPEC releases ‘dos and don’ts’ to prevent coronavirus spread for this week meetings
The 14-member oil-producing giant OPEC has on Wednesday released a guide of ‘dos and don’ts’ to prevent the…
OPEC cuts oil demand outlook for 2020 as coronavirus outbreak suffocates China
OPEC has on Wednesday dramatically cut its forecast for oil demand growth for 2020, citing China’s coronavirus…
OPEC supply cut not intentionally timed for Saudi Aramco listing: energy minister
Saudi Energy Minister Prince Abdulaziz bin Salman told CNBC on Friday that an agreement to further cut global oil…
OPEC, Russia may extend oil production cuts through midyear
OPEC and Russia are expected to extend their oil production deal at least through midyear. However, if they were to…
U.S., OPEC supply has ‘extinguished’ remaining upside potential for oil prices
A growth in production from the U.S. and OPEC has offset any remaining upside potential for oil prices, according…
Brazil president says he wants country to join OPEC
Brazilian President Jair Bolsonaro said on Wednesday that he wants his country to join OPEC, a move that would add…
Oil prices fall as weak demand outlook weighs on
Oil prices slipped on Thursday as persistent concerns about a weak demand outlook weigh on, after posting sharp…