Saudi minister committed to oil supply cut
Consumption
Saudi Energy Minister Khalid al-Falih says he told his Russian counterpart, Aleksandr Novak, during talks in Moscow that Saudi Arabia
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Oil prices rise despite global economic woes
Consumption
Oil prices have risen following last week’s improved US market data but fears about the global economy have limited increases.
Oil part of climate solution: Opec boss
Consumption
Opec’s secretary general, Mohammed Barkindo, says “unscientific” attacks on the oil sector by environmentalists are “perhaps the greatest threat to
Russia: oil output below Opec+ target
Production
Russia’s average daily oil output last month stayed below its Opec+ target, repeating the trend seen in May’s output, as
Opec and Russia fail to set meeting to discuss output cut
Policy
Russia and Opec’s production cuts are due to expire this month with a 1.2 million barrels per day (bpd) production
Can the Russian-OPEC Alliance (ROPEC) Provide Oil-Price Stability?
Opinion
The fall of the U.S. stock market over past two weeks has pulled global markets and oil prices down with
Rising Oil Prices Could Trigger More Volatility for Europe
Opinion
Round numbers attract attention, so when the price for Brent crude oil passed $70/barrel two weeks ago, the world took
The Five Stories that Moved Europe’s Energy Markets in 2017
Opinion
Volatile domestic politics defined the world in 2017, an unpredictability that has left its mark on the European energy climate.