OPEC chief, in upbeat oil outlook, sees oil stocks falling furtherOil stocks in developed world nations fell by 6.9 million barrels in April, Mohammad Barkindo said in a virtual appearance at the Nigeria I...
OPEC urges members to lobby against US NOPEC bill and outline risksA US House panel passed a bill this week to open the Organization of the Petroleum Exporting Countries to lawsuits for collusion in boostin...
OPEC sees positive oil market outlook, but downside risks persist"We have come a long way from a year ago," Mohammad Barkindo said. "The days of GDP and oil demand figures being in the red because of the ...
OPEC chief optimistic about 2021 recovery but uncertainty remains"While there are grounds for optimism that 2021 will be the year of recovery ... there are many other uncertainties that lie ahead," Mohamm...
Most OPEC+ producers oppose Feb output increase -sourcesOPEC+, which groups OPEC and other producers including Russia, meet on Monday, a day after OPEC Secretary General Mohammad Barkindo warned ...
Do not expect renewed oil collapse: OPEC chiefOPEC's Mohammad Barkindo was giving a speech at the virtual India Energy Forum by CERAWeek.
OPEC+ will ensure oil prices do not plunge again, says OPEC chief"We have to be realistic that this recovery is not picking up pace at the rate that we expected earlier in the year," he said. "Demand itse...
India urges against more output cuts; Opec won’t let slump recurOpec has said that it will do whatever is possible to ensure that stability in oil production is sustained. India is a key consumer and has...
Opec to release country quotas for oil output cut: DocumentThe Opec secretariat plans to publish the table below by the end of this week, he added.
Opec urges producers to ramp up investment amid shrinking spare oil capacityBrent crude breached four year highs to reach $86.74 a barrel earlier this month, the highest since 2014.
Opec Secretary General urges US shale oil producers to help cap global supplyOn Monday, Saudi Arabia cut crude oil allocations for November by 560,000 barrels per day.
OPEC seeks to get more countries on board for stabilityWe urge our friends, in the shale basins of North America to take this shared responsibility with all seriousness it deserves, said OPEC's ...
Opec sees 'extraordinary' steps needed for market stabilityOpec and allied producers agreed in December to pare output to clear a glut and bolster oil prices.
OPEC hails GST, demonetisation moves of IndiaThe statement quoted Barkindo as describing India as “a global economic powerhouse“ on back of “high growth rates, dynamic services."
OPEC applauds GST, demonetisation moves by PM Narendra ModiOPEC Secretary General HE Mohammad Sanusi Barkindo said India has become a “global economic powerhouse” with which the cartel wanted to exp...
'Prices to spike with OPEC output cut'Prime Minister Narendra Modi, addressing the conference earlier, said hydrocarbons would continue to play an important role in fulfilling I...
- Gail among 12 firms shortlisted for Nigeria gas investment
Twelve foreign companies, including one from India, have been shortlisted as prospective investors in Nigeria's vast gas sector.