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Showing posts with label OPEC Basket of crudes. Show all posts
Showing posts with label OPEC Basket of crudes. Show all posts
Saturday, June 06, 2020

'e-OPEC' agrees 9.7mbpd cut extension by a month

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We here again, albeit via webcam! As widely anticipated, oil producers' group OPEC has agreed to recommend a roll over its existing 9.7 ...
Thursday, December 06, 2018

OPEC's 'Crude' Basket & Last Friday's close

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Two charts real quick while waiting for OPEC to make an announcement - (1) Direction of the OPEC price basket (including Qatar) and (2) Whe...
Monday, May 01, 2017

Of soundbites and buffer crude producers

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If sounbites were the sole influencers of the oil market direction, Brent ought to be near $60 per barrel. ( see chart on the left, click...
Sunday, June 07, 2015

OPEC’s hunt for an ‘equitable’ oil price

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The OPEC meeting is over, quota stays at 30 million barrels per day , and by the way – it was never a quota but rather a recommendation i...
Wednesday, December 12, 2012

Initial soundbites before things kick-off at OPEC

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The delegates and ministers have walked in, the press scrum (or should you choose the term g*ng b*ng) is over and the closed door meeting h...
Wednesday, June 13, 2012

First vibes from OPEC, monthly data & Mr. Al-Naimi

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The Oilholic is in Vienna ahead of the 161st meeting of OPEC ministers and the 5th OPEC International seminar; the latter being a forum whe...
Wednesday, December 14, 2011

OPEC's tiffs patched-up! Its all crudely good!

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An announcement is expected on OPEC quota much earlier than expected at 14:00CET instead of 16:00CET. Instead of the rows we saw last time, ...