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Opec Latest News - Latest India news , national,international, sport, entertainment and business news - NewsNow.IN OPEC, Russia and other oil-producing nations on Sunday finalized an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in … Gulf Arab states should make the most of oil’s last boom, Russia Lacks Swing Producer Flexibility, Slow to Revive Oil Output, Oil Price Fundamental Daily Forecast – Struggling Early in Response to Stronger US Dollar, Belarus' healthcare minister on use of OPEC Fund's $20m loan, U.S. shale prioritizing debt over drilling, just as OPEC predicted, OPEC daily basket price stood at $67.39 a barrel Thursday, Coronavirus News LIVE Updates: Telangana's COVID-19 count rises by 181; one more die, Why Gulf Arab states should make the most of oil’s last boom, The likely last year of oil boom is here. Read the latest OPEC headlines, all in one place, on NewsNow: the one-stop shop for news Please try different keywords. Business. Cuomo allegations raise legal questions, Ireland suspends AstraZeneca vaccine amid blood clot reports, Forgot your password? Oil prices inched higher on Monday after a historic deal by oil cartel OPEC and its allies to cut production caused investors to realize that 10 million barrels a day doesn't go far enough. Alberta's energy minister is now exchanging texts with OPEC Secretary-General Mohammed Barkindo. Members of oil producer cartel OPEC and allied countries are meeting online Thursday March 4, 2021, considering a possible increase in production now that prices have recovered to … Will Higher Oil Prices Lead to a Return of Reckless Shale Growth? One would expect some pollsters to underestimate one party’s eventual result while others to overestimate it. OPEC daily basket price stood at $65.60 a barrel Wednesday, 10 March 2021. OPEC says general oil market outlook is positive. He … Still, OPEC expects the demand outlook to brighten in the second half of 2021. Look to Energy ETFs as OPEC Anticipates Improving Oil Demand, Crude ETFs Soar as OPEC Production Plummets, OPEC Sees Strong Oil Demand In The Second Half Of 2021, Extra Saudi Cut Sends OPEC Oil Production Plunging By 650,000 Bpd, WTI pushing on towards $66.00 level amid risk on markets, Belarus to borrow $20m from OPEC Fund for healthcare needs, OPEC: COVID-19 Impact Pushes Most of 2021 Oil Demand Recovery to Second Half, Here are OPEC January, February 2021 crude prices, Saudi Minister: OPEC Wants “Fair” Price For Its Oil, OPEC expects most of 2021 oil demand recovery in second half, OPEC raises global oil demand forecast for 2021, OPEC slashes its Q2 global oil demand forecast, OPEC sees most of 2021 oil demand recovery in H2 as COVID-19 impact lingers, OPEC sees most of 2021 oil demand recovery in second-half as COVID-19 impact lingers, OPEC bullish on H2 oil recovery as it seeks tighter market, OPEC expects most of the 2021 recovery in oil demand will come in second half of the year, OPEC+ decisions give hope for smooth transition of world economy to normal mode — Putin, OPEC Points to Weaker Market Outlook as It Keeps Lid on Supply, OPEC’s Shock Move to Tighten Market Leaves Oil World Divided, OPEC raises forecast for 2021 world oil-demand growth, Fiscal Stimulus, Vaccine Rollouts Brighten OPEC’s Oil Demand Forecasts, 3 Reasons Oil And Gas Prices Could Be Headed Lower, Oil prices are surging: Here’s why not everyone is cheering, OPEC daily basket price stood at $65.60 a barrel Wednesday, Crude Oil Prices Eyeing OPEC Report as Stocks Rise, Gold Could Gain on the ECB, Oil traders - heads up for OPEC Monthly Oil Market Report (MOMR) to be published today, Saudi Oil Exports Holding Strong Despite Production Cut Commitment, OPEC+ seeks ‘fair’ oil price, says Saudi minister, Oil Price Susceptible to Large Pullback as RSI Divergence Persists, Saudi Oil Exports Post Only Small Drop Despite Pledged Cut: Reports, Libya’s Oil Production Could Stabilize Under New Unity Government, OPEC’s plan will reduce global crude stocks and revive U.S. shale drilling, says EIA, Russia sees risks of non-OPEC oil output surge on higher prices, supply deficit, Oil rises on economic outlook, falling U.S. fuel inventories, Russia's Novak says oil prices may allow non-OPEC+ producers to lift output, OPEC+ seeks 'fair' oil price, Saudi foreign minister says in meeting with Russian counterpart, FEATURE: Russia's rising output ambitions match capacity, market needs, Oil Price Fundamental Daily Forecast – API Reports Surprise 12.8 Million Barrel Build Ahead of, Oil rises on OPEC+ supply restraint and brighter economic forecast, Russia's Lavrov: OPEC + will try to ensure there are no sharp oil price swings, OPEC+ Meeting: What’s Next for Oil Prices, Oil price dips ahead of US inventories EIA data release, Oil prices steady ahead of EIA inventory data, Oil prices steady on economic recovery optimism, 'Super cautious' OPEC stance on output increases could backfire, Citi says, Saudi Foreign Minister: We discussed cooperation with Russia, especially in the field of OPEC+, Column: India's wish to diversify crude oil suppliers maybe hard to grant, IRAQ DATA: Feb oil output rises 1.6%, breaches OPEC+ quota - SOMO, Oil Surges After OPEC+ Maintains Cuts & Data Shows Strong US Jobs Growth, OPEC daily basket price stood at $66.38 a barrel Tuesday, Oil prices continue to fall ahead of US inventories data, OPEC Fund strengthens food security in Burundi with $20m loan, Column: India's wish to diversify crude oil suppliers maybe hard to grant - Russell, OPEC+ feels Iran production headache coming on, Oil slips for third session before U.S. inventories EIA data, Crude extends fall as OPEC+ optimism fades, US inventories rise, Saudi Arabia’s oil hawkishness is forcing India to look for other sources, Global crude oil prices edge up ahead of US inventories data, Oil prices edge up ahead of U.S. inventories data, Oil Up, but Concerns Remain on Recent Rally’s Speed and Scope, 5 Steps To Secure Your Child's Future Using MFs, Oil slips below $68 as rally fizzles before U.S. supply report, 5 Reasons Why You Should Invest While You Are Young, 5 Points to Keep in Mind Before Investing, Myanmar forces kill 38 protesters; martial law in Yangon townships, Ousted Myanmar leader calls coup the nation's 'darkest moment', Sarah Everard murder: London police chief refuses to quit over vigil clashes, Anger towards London police grows after clashes at vigil for slain U.K. woman, Merkel's CDU suffers heavy losses in German regional elections, exit polls say, Angela Merkel’s party takes a hammering in German state elections – exit polls, Reports: Cuomo vaccine czar's loyalty calls raise concerns, What is retaliation in the workplace? Mar 2, 2021 (Bloomberg) . India asks refiners to diversify, cut reliance on Middle East oil after OPEC+ decision Livemint.com 11:15 9-Mar-21. Look to Energy ETFs as OPEC Anticipates Improving Oil Demand, Crude ETFs Soar as OPEC Production Plummets, OPEC Sees Strong Oil Demand In The Second Half Of 2021, Extra Saudi Cut Sends OPEC Oil Production Plunging By 650,000 Bpd, WTI pushing on towards $66.00 level amid risk on markets, Belarus to borrow $20m from OPEC Fund for healthcare needs, OPEC: COVID-19 Impact Pushes Most of 2021 Oil Demand Recovery to Second Half, Here are OPEC January, February 2021 crude prices, Saudi Minister: OPEC Wants “Fair” Price For Its Oil, OPEC expects most of 2021 oil demand recovery in second half, OPEC raises global oil demand forecast for 2021, OPEC slashes its Q2 global oil demand forecast, OPEC sees most of 2021 oil demand recovery in H2 as COVID-19 impact lingers, OPEC sees most of 2021 oil demand recovery in second-half as COVID-19 impact lingers, OPEC bullish on H2 oil recovery as it seeks tighter market, OPEC expects most of the 2021 recovery in oil demand will come in second half of the year, OPEC+ decisions give hope for smooth transition of world economy to normal mode — Putin, OPEC Points to Weaker Market Outlook as It Keeps Lid on Supply, OPEC’s Shock Move to Tighten Market Leaves Oil World Divided, OPEC raises forecast for 2021 world oil-demand growth, Fiscal Stimulus, Vaccine Rollouts Brighten OPEC’s Oil Demand Forecasts, 3 Reasons Oil And Gas Prices Could Be Headed Lower, Oil prices are surging: Here’s why not everyone is cheering, OPEC daily basket price stood at $65.60 a barrel Wednesday, Crude Oil Prices Eyeing OPEC Report as Stocks Rise, Gold Could Gain on the ECB, Oil traders - heads up for OPEC Monthly Oil Market Report (MOMR) to be published today, Saudi Oil Exports Holding Strong Despite Production Cut Commitment, OPEC+ seeks ‘fair’ oil price, says Saudi minister, Oil Price Susceptible to Large Pullback as RSI Divergence Persists, Saudi Oil Exports Post Only Small Drop Despite Pledged Cut: Reports, Libya’s Oil Production Could Stabilize Under New Unity Government, OPEC’s plan will reduce global crude stocks and revive U.S. shale drilling, says EIA, Russia sees risks of non-OPEC oil output surge on higher prices, supply deficit, Oil rises on economic outlook, falling U.S. fuel inventories, Russia's Novak says oil prices may allow non-OPEC+ producers to lift output, OPEC+ seeks 'fair' oil price, Saudi foreign minister says in meeting with Russian counterpart, FEATURE: Russia's rising output ambitions match capacity, market needs, Oil Price Fundamental Daily Forecast – API Reports Surprise 12.8 Million Barrel Build Ahead of, Oil rises on OPEC+ supply restraint and brighter economic forecast, Russia's Lavrov: OPEC + will try to ensure there are no sharp oil price swings, OPEC+ Meeting: What’s Next for Oil Prices, Oil price dips ahead of US inventories EIA data release, Oil prices steady ahead of EIA inventory data, Oil prices steady on economic recovery optimism, 'Super cautious' OPEC stance on output increases could backfire, Citi says, Saudi Foreign Minister: We discussed cooperation with Russia, especially in the field of OPEC+, Column: India's wish to diversify crude oil suppliers maybe hard to grant, IRAQ DATA: Feb oil output rises 1.6%, breaches OPEC+ quota - SOMO, Oil Surges After OPEC+ Maintains Cuts & Data Shows Strong US Jobs Growth, OPEC daily basket price stood at $66.38 a barrel Tuesday, Oil prices continue to fall ahead of US inventories data, OPEC Fund strengthens food security in Burundi with $20m loan, Column: India's wish to diversify crude oil suppliers maybe hard to grant - Russell, OPEC+ feels Iran production headache coming on, Oil slips for third session before U.S. inventories EIA data, Crude extends fall as OPEC+ optimism fades, US inventories rise, Saudi Arabia’s oil hawkishness is forcing India to look for other sources, Global crude oil prices edge up ahead of US inventories data, Oil prices edge up ahead of U.S. inventories data, Oil Up, but Concerns Remain on Recent Rally’s Speed and Scope, 5 Steps To Secure Your Child's Future Using MFs, Oil slips below $68 as rally fizzles before U.S. supply report, 5 Reasons Why You Should Invest While You Are Young, 5 Points to Keep in Mind Before Investing, BA rolls out digital vaccine passports as boss calls for unrestricted travel, British Airways looks at in-app digital health passport. Saudi Arabia, the Arab world’s largest economy and OPEC’s biggest producer, has posted successive budget shortfalls in the past seven years, a trend the International Monetary Fund predicted would continue through 2024.And the OPEC+ decision may be eroded.“Compliance with OPEC restrictions may deteriorate, resulting in a smaller decline in average crude oil production this year … News. Bloomberg reports that the government may rely on its £114bn wealth fund to buy and prop up the price of the ruble, after the breakdown in talks with Opec triggered a price war. 18 Dec 2020 | Vienna, Austria, 18 December 2020--It was with great sadness that OPEC has learnt of the passing of one of the Organization’s and the petroleum industry’s most respected leaders and scholars, HE Dr. Francisco R. Parra from Venezuela. And the choice for Gulf Arab nations is clear, The Commodities Feed: OPEC sees stronger oil demand in 2H21, It's time Gulf Arab States look away from Oil and find new revenue sources, Oil prices stay firm, buoyed by OPEC+ supply cuts, Crude Oil Hampered by OPEC Demand Outlook, Gold Price Eyeing PPI Data, The Giants of U.S. Shale Are Proving OPEC Right With Discipline, OPEC Slashes Q2 Oil Demand Estimate by 690,000 bpd, Crude oil futures rally runs out of steam, revised OPEC forecast weighs, Global oil demand to rise by 6.5% in 2021: OPEC, There were no contacts between Putin, Saudi Arabia ahead of OPEC+ decision - Kremlin. OPEC videos and latest news articles; GlobalNews.ca your source for the latest news on OPEC . Extra Saudi cut sends OPEC Oil Production plunging by 650,000 bpd OilPrice.com 17:07. Sonya Savage made the revelation herself this week as … cookies to improve your experience and customise advertising. OPEC . “This is a major turnaround from a year ago,” Mohammad Barkindo was quoted as saying on Twitter on Tuesday. Instead, opinion … The OPEC proposal calls for its members to cut output by 1 million barrels a day, with another 500,000 barrels to be cut by non-member allies, like … Nasdaq 100 forecast: Will calming yields revive the Tech sector? Gulf Arab states should make the most of oil’s last boom, Russia Lacks Swing Producer Flexibility, Slow to Revive Oil Output, Oil Price Fundamental Daily Forecast – Struggling Early in Response to Stronger US Dollar, Belarus' healthcare minister on use of OPEC Fund's $20m loan, U.S. shale prioritizing debt over drilling, just as OPEC predicted, OPEC daily basket price stood at $67.39 a barrel Thursday, Coronavirus News LIVE Updates: Telangana's COVID-19 count rises by 181; one more die, Why Gulf Arab states should make the most of oil’s last boom, The likely last year of oil boom is here. OPEC said on Thursday a recovery in oil demand will be focused on the second half of the year as the impact of the pandemic lingers as a headwind for … OPEC . News 2020. It boosted projections for global oil demand in the fourth quarter by 970,000 barrels a day, and requirements for … To see how, and to learn how to control cookies, Crude ETFs soar as OPEC production plummets ETF Trends 20:22. OPEC Blogs, Comments and Archive News on Economictimes.com Have you read these stories? View: A frank opinion on opinion polls.