Cees Bruggemans: Do we understand the situation?

2015-03-02 15:16

Could it be that we understand our own situation only too well, but perhaps do not dare to express its true nature?

Kuwait hails faster than expected oil price rally

2015-02-16 12:15

Kuwaiti Oil Minister Ali al-Omair says that world crude prices have recovered "faster" than expected and that recent gains will likely hold.

Putin's oil tsar slams Opec and US

2015-02-11 10:10

Rosneft's boss has targeted Opec and the US as he launched a broadside at the forces behind the oil price crash that has hit Russia's economy hard.

Oil prices extend gains as Opec cuts forecast

2015-02-09 20:00

Oil prices have advanced further as Opec forecast a reduction in annual US output amid a dip in North American crude production.

Abdul Davids: Analysing Sasol’s delay on its gas-to-liquids plant investment

2015-02-02 14:54

The latest numbers we have on South African crude oil imports show them to be running at over 500 000 barrels a day.

Opec oil output rises in January - Survey

2015-01-30 19:00

Opec's oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers.

Oil price too low - Saudi Aramco chief

2015-01-27 14:30

World oil prices have fallen too far, state-owned energy giant Saudi Aramco says, stressing that it is for the market and not Opec producers to shore them up.

Oil market upheaval looms over Saudi succession

2015-01-23 15:52

King Abdullah's death could not have come at a worse time for Saudi Arabia's vital oil sector as the absolute monarchy seeks to reassert its leadership.

Oil prices have reached 'bottom' - Iraq minister

2015-01-21 16:30

Iraqi Oil Minister Adel Abdul Mahdi has predicted that world prices would not fall much further after a plunge of nearly 60% since June.

Oil under pressure as IMF cuts growth forecast

2015-01-20 15:30

Oil has diverged, remaining under pressure as the International Monetary Fund slashed its world economic growth forecast and stoked demand fears.


Nigeria will call emergency Opec meeting

2015-02-24 11:10

Nigeria will call an extraordinary meeting of Opec if crude oil prices slip any further, in a sign of growing alarm over the impact of oil's collapse on oil

Forecasts suggest Opec tactics are paying off

2015-02-13 20:00

Energy agencies are forecasting higher demand for Opec's crude oil this year, a sign the producing nations' strategy to let prices fall is starting to win them back market share.

US oil output 'party' to last to 2020 - IEA

2015-02-10 14:30

The US will remain the world's top source of oil supply growth up to 2020, even after the recent collapse in prices.

Opec delegates cautious over oil price rebound

2015-02-02 19:30

Oil prices may stay down due to weak seasonal demand even as Saudi Arabia's strategy of curbing the output growth of rivals might have started achieving results.

Opec oil output rises as members stand firm

2015-01-30 20:00

Opec's oil supply has risen this month due to more Angolan exports and steady to higher output in Saudi Arabia and other Gulf producers.

Cees Bruggemans: Tempering oil company concern

2015-01-30 14:59

Global oil company concerns that the Opec market share defence, resulting oil price collapse and culling of non-Opec supply marginals will lead to new future demand/supply imbalances.

Oil prices drop as Greek vote pushes up dollar

2015-01-26 17:30

Oil prices have fallen as the dollar rallied against the euro after the anti-austerity party Syriza swept to victory in Greece's general elections.

Oil export losses to reach $300bn in Middle East

2015-01-21 20:00

Losses from lower oil exports could sap up to $300bn from economies in the Middle East and Central Asia this year, the International Monetary Fund says.

Russia may see oil output fall

2015-01-21 14:00

Russia may see a natural decline in oil output by around 1 million barrels per day at most, but has no plans to cut production in coordination with Opec.

Oil market rebounds on IEA report

2015-01-16 19:00

World oil prices have rebounded after the International Energy Agency declared there were signs "the tide will turn" following recent multi-year lows.

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