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BRAZIL: Lula backs away from OPEC+ amid pressures
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DOI: 10.1108/OXAN-ES283788
ISSN: 2633-304X
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OPEC: OPEC has announced a small oil supply cut
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DOI: 10.1108/OXAN-ES272557
ISSN: 2633-304X
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Geographic
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The decision came three days after Saudi Arabia confirmed during an OPEC meeting that it intends to persist in allowing oil prices to be determined by supply and demand, rather…
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DOI: 10.1108/OXAN-DB211580
ISSN: 2633-304X
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INTERNATIONAL: OPEC talks could cap further oil upside
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DOI: 10.1108/OXAN-ES234024
ISSN: 2633-304X
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This drop reflected concerns over China's slowdown, fears that Greece would be forced to leave the euro-area, and the agreement of a deal between Iran and the P5+1 powers (five…
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DOI: 10.1108/OXAN-DB201293
ISSN: 2633-304X
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Prospects for fossil fuels to end-2016.
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DOI: 10.1108/OXAN-DB211632
ISSN: 2633-304X
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Many producers, facing budgetary pressures because of low oil prices, support output restraint, but they need to act in concert. Russia and Saudi Arabia have offered a freeze…
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DOI: 10.1108/OXAN-DB210577
ISSN: 2633-304X
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This would feed an already oversupplied market, exacerbating the contango market structure, with prices for future delivery exceeding spot rates. Prices have not returned to their…
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DOI: 10.1108/OXAN-DB199295
ISSN: 2633-304X
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Geographic
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The performance of the oil sector and state oil company PDVSA, in particular, is a key factor in the economic collapse. At the same time, a new opposition-dominated National…
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DOI: 10.1108/OXAN-DB207849
ISSN: 2633-304X
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The likelihood of a production-cutting deal between OPEC and non-OPEC producers has diminished, and the moderate rebound in prices at end-January has reversed. In 2016, demand…