Rift between Iran and Saudi Arabia over production continues
OPEC
Posted inProducts & Services
Shell CEO: doubts over OPEC’s spare capacity
Voser says markets believe OPEC has less than 2 mbpd spare capacity
Posted inProducts & Services
IEA will not continue intervention in oil markets
IEA members outside US sceptical on value of more market intervention
Posted inProducts & Services
OPEC: Venezuela bests Saudi crude reserves
Venezuelan reserves jump 40% to 296.5 billion barrels
Posted inNews
IEA and OPEC remain divided over future oil demand
Producer and consumer bodies 1.3 million bpd apart on Q3 oil demand
Posted inNews
Doubts loom over Saudi’s ability to lower prices
Oil prices heading back towards $100 a barrel despite production hike
Posted inNews
War of words rages between OPEC and IEA
Rebukes from OPEC president and secretary general follow EU summit
Posted inNews
IEA may put oil stocks on market to reduce prices
Release intended to reduce oil prices, not deal with supply shortage
Posted inNews
With OPEC floundering, Russia steps into breach
IEA calls out for more supply, resists OPEC calls for gas cartel
Posted inProducts & Services
Badri: OPEC made 2 million bpd plea to delegates
Badri blames speculation, says IEA “should really be quiet”.