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Record Opec Output Puts Onus On Saudi To Cut
...TD15 YTD15 2015 2014 S Arabia* 10.53 -0.04 10.57 10...
Volume: 59Issue: 40Published at Fri, 07 Oct 2016 -
OPEC, Non-OPEC Coordination Unrealistic, Says Kuwait
...mping, and then we would lose our market share.” Brent crude futures were trading at around $45/B as MEES went to press, down from around $55/B three months ago, $95/B 12 months ago, and above $100/B in late-June 2014 (see p16). These latest comments from the Kuwaiti minister are in line with the st...
Volume: 58Issue: 40Published at Fri, 02 Oct 2015 -
Saudi Arabia Sees $90/B Oil As Price Floor
...oser to the organization’s forecasted ‘call on OPEC,’ which it recently revised down to 29.45mn b/d for 2014 and 29.2mn b/d for 2015 (MEES, 12 September). These forecasts are both down 160,000 b/d from those made by OPEC a month earlier. The more telling number is the expected quarterly decline in de...
Volume: 57Issue: 40Published at Fri, 03 Oct 2014 -
OPEC Relaxed On Supply, Prices
...OPEC Secretary-General ‘Abd Allah al-Badri is not losing any sleep over the impact of surging tight oil production in the US, which he says will be short-lived. He says oil prices above $100/B are “reasonable” and likely to hold at current levels at least until the end of 2014. The call on OP...
Volume: 56Issue: 40Published at Fri, 04 Oct 2013