OPEC Meeting Special

OPEC Meeting Special

Oil producing countries reach the final sprint in search of a production deal to bring crude oil prices back up. ABO will follow the development of the summit live with social media content, image galleries, infographics and articles

Articles

The OPEC deal and the first effects on oil prices

Following the Vienna agreement on production cuts, many uncertainties remain and the ball is on the on the court of the non-OPEC countries

OPEC, deal on output cuts is reached and oil prices soar

OPEC members agree to cut production by 1.2 million bpd in a historic decision for the future of oil prices

As OPEC meeting begins in Vienna, Conference president stresses necessity of ensuring market stabili

Mohammed Bin Saleh al-Sada discusses outlooks to 2040, including growing oil demand. But the time to act is now, by reducing inventories to bring up the price of oil

The difficult path towards agreement on the output cut

Saudi Arabia and Russia have deserted the meeting of non-organization producer countries. The agreement on limiting output should be reached on 30 November, but things seem evermore in the balance

OPEC: rapprochement between Riyadh and Tehran

After 8 years of negotiations, for the first time Saudi Arabia and Iran have reached an agreement in Algiers on the cut in production. It is important to understand what effect this will have on oil prices and on Iran's aspirations

Price volatility

Between the rise of the barrel, mainly dictated by the decision that OPEC will take on 30 November and by the decline in US oil reserves, and declining, due to the fact that several OPEC countries do not want to reduce the production of crude

Growing uncertainty surrounding the OPEC deal as Iran continues producing oil

According to Central Bank of Russia chairperson Elvira Nabiullina, the most likely scenario is oil hovering around 40 dollars per barrel for the next three years

Saudi Arabia and Russia together to agree on oil production cut

The uncertainty on the outcome of the upcoming OPEC meeting in Vienna continues, while Riad tells the future US president that it would not be "healthy" to block the trade of crude oil

Opec courts undecided nations as Saudi Arabia tries to go its own way

Nothing substantial comes out of Vienna talks yesterday; everything has been postponed until the official summit, which promises to be dramatic

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