Opec Oil Deal News

Market

OPEC’s sequel to blockbuster oil deal faces struggle in 2019

Oil is trading at the lowest in a year despite the pledge from OPEC and its allies to remove 1.2 million barrels a day of crude from the market for six months beginning January

4 min read20 Dec 2018
Opinion

Zhu Min | Breaking the oil spell in 2017

In all of the countries that have successfully diversified their economies the state has played a leading role by promoting innovation

3 min read30 Dec 2016
Market

Rising oil prices a boon for producers, others to feel the pinch

The impact of higher crude prices will show after a few months considering inventory levels and the lag effect in base oil prices

3 min read26 Dec 2016
Market

Asia’s crude oil refining capacity set to jump

The rise in capacity will tighten Asia's crude market as it coincides with planned output cuts by major oil producers

1 min read21 Dec 2016
Opinion

2016’s legacy of economic uncertainty

The biggest uncertainty is the timing of implementation of the goods and services tax

4 min read20 Dec 2016
Opinion

India’s gains from lower oil prices at risk

Higher oil prices can affect government spending as well as private consumption

4 min read8 Dec 2016
Market

Opec deal: déjà vu?

Crude oil prices rallied after Opec announced its intention for a production cut, but news reports on old disputes resurfacing weighed on prices after some time

1 min read2 Dec 2016
Market

Oil marches higher on OPEC optimism even as analysts question deal

OPEC agreed on Wednesday to cut output to 32.5-33.0 million barrels per day (bpd) from around 33.5 million bpd

2 min read29 Sep 2016

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