Tag: OPEC deal
Southern Iraq oil exports fall since start of OPEC cut
Iraq oil exports expected to amount to 210,000 b/d By Alex Lawler LONDON, Jan 17 (Reuters) – Iraq oil exports from southern terminals have fallen so far in January, according to loading data and an industry source, a sign that OPEC’s second-largest producer is following through on the group’s decision to cut output. Baghdad’s initial request […]
Opinion: Advantage OPEC in global crude game, but no checkmate
OPEC, 12 countries agree to 1.8 million b/d cut By Clyde Russell LAUNCESTON, Australia, Dec 12 (Reuters) – The global crude oil market is starting to resemble a gigantic game of chess, with a bold opening gambit by OPEC and its allies giving them an advantage, but the game is still far from checkmate. The […]
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