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Oil-cut deal threatened by exempt nations and by shale

Location:

INT

OPEC-non-OPEC deal compliance

Kazakhstan will struggle to boost oil output

Location:

KAZAKHSTAN

Astana's aspirations to reach 2 million b/d have been set back by difficulties in raising output at major fields. Government efforts to diversify the economy away from…

Oil demand lifts prices, but further upside is limited

Location:

INTERNATIONAL

Rising Chinese imports and falling inventories point to demand exceeding supply at present. However, concerns over how quickly, reliably and fully oil consumption will recover…

Russian oil industry looks to less profitable deposits

Location:

RUSSIA

Russian oil industry outlook.

Riyadh can manage oil output but not prices

Location:

SAUDI ARABIA

The failure of OPEC+ talks in March aiming to agree a response to reduced demand because of COVID-19 resulted in a price war and aggressive Saudi plans to ramp up output. State…

US output will negate most of extended OPEC cuts

Location:

UNITED STATES

The US shale oil industry has mounted a comeback over the past six months. After a deep recession brought on by plunging oil prices starting in mid-2014, the sector is growing…

Azerbaijan's major oilfield offers years of revenue

Location:

AZERBAIJAN

BP-led oil production in Azerbaijan.

OPEC quotas may have small impact

Location:

INTERNATIONAL

OPEC's decision to try to agree new quotas for its members, albeit with key exemptions, suggests a fragile consensus is growing around a change in policy direction towards…

Higher oil prices are not benefiting African exporters

Location:

AFRICA

African oil output has fallen in recent years, hitting government revenues, external balances and credit ratings. Meanwhile, debt servicing costs have risen. With investors more…

Gloomy outlook for Russian extractives, manufacturing

Location:

RUSSIA

New EU restrictions on oil imports from December and a price cap on seaborne crude are expected to reduce Russian oil production, whose recent recovery has temporarily obscured…