Oilholics Synonymous Report

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

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

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

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

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

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...

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

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...

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...

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

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

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

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...

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