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The target of the Organization of Petroleum Exporting Countries (OPEC) to reduce the total output by 1.2 million barrels per day is expected to be missed as a source within the oil cartel revealed that “compliance (regarding the agreement to Read more
Chairman of the National Oil Corporation (NOC) Mustafa Sanalla outlined that Libya needs to assure that ports and pipelines remain open and the blockade on the Riyayna pipeline by the Zintani tribal militia be lifted as well as satisfy the Read more
Secretary General of the Oil Producing Exporting Countries (OPEC) Mohammed Barkindo has hinted that the organization could hold an extraordinary meeting as early as November if OPEC and non-OPEC producers meeting on the sidelines of the International Energy Forum reach Read more
Saudi Energy Minister Khalid al-Falih said Riyadh will not be increasing its oil output because “there is no reason to expect that Saudi Arabia is going to go on a flooding campaign” as he reassured that “we will be very Read more