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Opec cuts to support oil prices
(Gulf News - 10/12/2018)

The decision of Opec and its allies to cut production by 1.2 million barrels per day (bpd) from January 2019 is expected to give solid support to oil prices, but the cuts won’t be enough to send oil prices towards $80 (Dh294) per barrel, analysts

Opec, allies reach deal to cut oil production by 1.2m bpd
(Trade Arabia - 09/12/2018)

The Organization of the Petroleum Exporting Countries (Opec) along with Russia and its allies, including a stubborn holdout Iran, has r0eached a last minute deal on a larger-than-expected production cut, in a move that could mop up a burgeoning global

Opec works on deal to cut output, still needs Russia on board
(Gulf News - 05/12/2018)

Opec and its allies are working towards a deal this week to reduce oil output by at least 1.3 million barrels per day, four sources said, adding that Russia’s resistance to a major cut was so far the main stumbling block.<br/><br/> Opec meets on Thursday

Oil prices to be impacted as Qatar decides to leave Opec
(Times of Oman - 04/12/2018)

Oil prices are expected to surge in the near future after Qatar announced it would leave the Organisation of Petroleum Exporting Countries (Opec). The move comes as the Gulf country looks to focus on developing its natural gas reserves. At the same time,

Oil slumps to worst loss in 10 years as G20 kicks off
(Trade Arabia - 02/12/2018)

Oil closed out its worst month since the global financial crisis a decade ago, as all eyes turned to this weekend’s G-20 summit for signs that Saudi Arabia and Russia can head off a worldwide supply glut.<br/><br/> Crude futures made up some ground on

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