Waiting for Uncle Sam's Response

        With the agreement to cut crude oil production to an average of 33.25 million barrels per day (BPD) next year by a number of OPEC ...

Oil Prices have the opportunity to go up

Minister of Finance (Menkeu) Sri Mulyani said the opportunity for an increase in world oil prices after the Organization of the Petroleum...

Indonesia Temporarily Freezes OPEC Membership

     Indonesia decided to temporarily suspend membership in the Organization of the Petroleum Exporting Countries ( OPEC ). The decision wa...

Oil Prices are Vulnerable to Down

Disputes among OPEC members over the implementation of crude oil production cuts as a follow-up to the agreement agreed in Algeria last mon...

World Bank Raises Oil Price Projection

The World Bank yesterday raised its forecast for oil prices in 2017 as members of the Organization of the Petroleum Exporting Countries ( ...

Oil Prices Are Still In A Positive Trend

     The price of crude oil remains at the level of US $ 50 per barrel amidst the growing issue of production restrictions. However, the dec...

The World Bank Provides Positive Prospects

The agreement of oil-exporting countries to cut production makes the World Bank install a positive prospect of world oil prices next year. ...

Indonesia Proposes OPEC Governor Change

The Government of Indonesia proposes the replacement of officials from the Organization of the Petroleum Exporting Countries / OPEC....

Die Roadshow zwischen der OPEC und Russland reist zu Ölkürzungsgesprächen nach Wien

Die Bemühungen der Organisation der erdölexportierenden Länder (OPEC), die Zusammenarbeit von Nichtmitgliedern bei einem globalen A...

OPEC Asked to Maintain Oil Prices Above US $ 50

CNBC news agency survey results say oil prices are expected to rise to an average of US $ 50 per barrel in the IV quarter of this y...