Reuters quoted two OPEC sources, as saying that Iran, Algeria and Venezuela oppose immediate oil output rise.
On Monday, Bloomberg reported that the Organization of the Petroleum Exporting.. FXstreet.com
Jun.18 -- Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week... Source: Bloomberg Technology -
Caracas, Venezuela (CNN)At least 17 people, including eight minors, were killed Saturday after a partygoer detonated a tear-gas canister setting off a stampede inside a nightclub in Caracas, Venezuela,.. Source: Wochit News -
Jun.17 -- Saudi Arabian Energy Minister Khalid Al-Falih may face his toughest test this week when the Organization of Petroleum Exporting Countries holds what’s likely to be its most difficult.. Source: Bloomberg Global Business -
At least seventeen people died at a Caracas club early on Saturday morning when a person activated a tear gas grenade inside, Venezuela's interior minister Nestor Reverol said.
Source: euronews (in English) -
OPEC producers are trying to negotiate a compromise deal that could result in the cartel boosting production by between 300,000 bpd and 600,000 bpd over the next few months, Bloomberg reported on.. OilPrice.com
In the latest signal that the upcoming OPEC+ meeting in Vienna could end in disaster, Iran’s OPEC representative said the country will veto any proposal for a production increase with the support of.. OilPrice.com
Recent rises in the oil and gas price worry some in the markets. Will they trigger more inflation? Will there be supply interruptions given the US wish to sanction Iran, given the troubles in.. City A.M.
Every week the crisis in Venezuela takes a turn for the worse. There are now signs that its oil industry is entering a dangerous new phase. Argus Media reports that Venezuela has begun to.. OilPrice.com
The Organisation of Petroleum Exporting Countries (OPEC) will meet in Vienna this week, with members split on whether to end its production freeze.
Oil prices soared last month, and are still up at.. City A.M.
CARACAS (Reuters) - At least 17 people suffocated to death at a party at a Caracas club early on Saturday morning, when a person activated a tear gas device inside, Venezuela's interior minister Nestor.. Reuters
Some expect a more moderate and pragmatic leader to emerge, far different from the out-with-the-elite firebrand of the campaign trail. Others see a populist authoritarian with statist economic.. Independent
Venezuela’s plummeting oil production is nearing the psychological threshold of just 1 million bpd as early as this year, analysts and industry experts tell Platts. Venezuela’s production plummeted.. OilPrice.com
Venezuela’s economic and oil industry demise is likely to result in its crude oil exports to China plummeting to their lowest level in almost eight years in July, Reuters reported on Friday, citing.. OilPrice.com
CARACAS (Reuters) - A year and a half in Venezuela's feared prison system, deprived of food and water, caused opposition lawmaker Gilber Caro to lose 18 kg (40 lb), about a fifth of his body weight, he.. Reuters
London has been named the top city in Europe for business travel, ahead of Berlin, Amsterdam and Paris, according to a new study.
The ranking was compiled from hotel group Jurys Inn's survey of.. City A.M.
Venezuela has been forced to start refining imported crude oil as its local production continues to fall. According to a monthly refining plan for June seen by Reuters, the state oil company, PDVSA,.. OilPrice.com
U.S. shale will continue its breakneck growth rate into 2019, despite bottlenecks, but the oil market still faces serious supply risks from the potential losses from Venezuela and Iran, the.. OilPrice.com