Tag: OPEC

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Oil Prices In U.S. Up On Supply Forecast

U.S. oil prices gained Tuesday as the market expected another drop of crude inventories. U.S. Energy Information Administration (EIA) will publish Wednesday its report...

When sanctions get lifted Iran could enjoy huge oil market share

Iran would seek to increase its oil exports to the global market if a nuclear deal is reached and the Western sanctions are lifted,...

Global oil demand to grow slightly in 2015 – OPEC

The Organization of the Petroleum Exporting Countries (OPEC) said in its monthly report on Tuesday that worldwide demand for oil will grow slightly more...

OPEC cast doubts over Wall Street Journal article

OPEC on Tuesday accused the Wall Street Journal of using inaccurate information when reporting on the oil cartel's market predictions in a draft document....

OPEC oil output for March shot up

OPEC's oil output increased sharply in March, while the U.S. oil output is forecast to decline in the second quarter, according to OPEC's monthly...

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