(OPEC, 31.Mar.2022) — Following the conclusion of the 27th OPEC and non-OPEC Ministerial Meeting, held via videoconference on 31 March 2022, it was noted that continuing oil market fundamentals and...
(The OPEC Fund, 28.Jan.2021) — The OPEC Fund for International Development (the OPEC Fund) marks its 45th anniversary today. Since inception, the multilateral development finance institution has approved more than...
(Industrial Info, 11.Feb.2019) — Crude oil prices rose by a few dollars per barrel in the days after the U.S. imposed sanctions on Venezuela’s oil industry January 28. But those...
(Bloomberg, Tina Davis and Javier Blas, 23.Jan.2019) — Will there be two OPEC presidents now? With Venezuela boasting two proclaimed heads of state, it’s worth remembering that the nation with...
(Oilprice.com, Tsvetana Paraskova, 20.Dec.2018) — U.S. oil production will continue to grow at a rapid pace until 2025, while Venezuela’s crude output is set for further declines, Fatih Birol, the...
(Energy Analytics Institute, Piero Stewart, 27.Jun.2018) – OPEC’s recent agreement in Vienna implies Venezuela’s commitment to comply with oil production of 1.972 million barrels per day for the second semester...
(Energy Analytics Institute, Piero Stewart, 25.Jun.2018) – Ministers from the Oil Exporting Countries Organization (OPEC) announced during meetings in Vienna, Austria that the 5th OPEC+ countries Ministerial Meeting will take...
[caption id="attachment_804" align="alignnone" width="1080"] PDVSA's Manuel Quevedo in Vienna, Austria. Source: PDVSA[/caption] (Energy Analytics Institute, Piero Stewart, 22.Jun.2018) – Venezuela’s Oil Minister Manuel Quevedo spoke out in Europe against U.S....
[caption id="attachment_792" align="alignnone" width="800"] Twitter post from Ecuador's Hydrocarbon Ministry.[/caption] (Energy Analytics Institute, Jared Yamin, 22.Jun.2018) – OPEC is looking to boost crude oil output by 1 million barrels per...