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Showing posts with label OPEC quota. Show all posts
Showing posts with label OPEC quota. Show all posts
Thursday, December 06, 2018

First quips & intraday soundbites from OPEC 175

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It's the usual manic start to the 175th OPEC Ministers' Meeting here in Vienna, Austria. For those unfamiliar with the drill, he...
Thursday, May 25, 2017

No surprises! OPEC & non-OPEC cuts rolled over for 9 months

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If you were secretly hoping for a surprise at the 172nd OPEC ministers' meeting, consider your hopes dashed, as things went perfectly ...
Thursday, December 01, 2016

The crude question of post-OPEC compliance

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The ministers have left town having announced OPEC’s first real-terms headline oil production cut in eight years, sending oil futures roc...
Thursday, June 02, 2016

OPEC issues no word on quota (again!)

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The 169th OPEC ministers meeting has concluded in Vienna, Austria with the producers' collective yet again failing to reveal its ...
Friday, December 04, 2015

OPEC quota where it was, no figures needed

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OPEC decided to roll over its 'previous quota' published at 30 million barrels per day, but declined to put a figure in its offic...

Saudis, Iranians not budging - short baby short!

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It’s not official yet, but highly likely that an OPEC quota cut is not on cards as the Saudis won’t budge and the Iranians, hoping to ret...
Tuesday, June 16, 2015

‘Unfit’ Brent, OPEC’s health & market volatility

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As the August Brent futures contract traded firmly below US$65 a barrel days after publication of the latest Saudi production data, Londo...
Friday, June 05, 2015

No change at OPEC, 30mbpd is the 'official' quota

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It was over in a jiffy – that’s the best explanation one can come up with. So the OPEC ministers arrived at 10am CET, did their customary...
Wednesday, December 04, 2013

OPEC holds quota at 30 mbpd, El-Badri stays on

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We’ve been here before dear readers, we’ve been here before. Main headline at the conclusion of the 164th OPEC conference here in Vienna is...
Friday, May 31, 2013

As expected OPEC quota stays at 30 mbpd!

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As widely expected and in line with market expectations, the 163rd OPEC meeting of ministers ended with the 12 members of the oil exporting...

Saudi oil minister & the Oilholic’s natter

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Saudi Arabia’s oil minister Ali Al-Naimi said the global oil market remains well supplied, in response to a question from the Oilholic. Spe...
Thursday, June 14, 2012

OPEC 'holds' production at 30 mbpd as expected

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OPEC decided to maintain production at 30 million barrels per day (bpd) in line with market expectations following the conclusion of its ...
Wednesday, June 13, 2012

OPEC hawks are back in town (too)!

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So the crude games have begun, the camera crews have begun arriving and the Saudis have begun throwing down the gauntlet by first suggestin...

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 'maintains' production at 30 million bpd

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In line with market expectations and persistent rumours heard here all morning in Vienna, OPEC has agreed to officially maintain its crude p...