under pressure from trump, opec embraces putin

Tehran's falling production, due to U.S sanctions reimposed and extended by Trump, has reduced its role within OPEC while increasing those of Saudi Arabia and non- OPEC Russia... The logo of Organisation of Petroleum Exporting Countries sits outside its headquarters ahead of..

brent nears $70 as opec tightens supply

Brent recovery this year -- with the biggest gain in almost decade -- is victory for the production cuts of OPEC and its allies. ... U.S data indicated that the crude stockpiles increased last week, month of production from OPEC cartel is tightening global supplies... ..

opec builds case for keeping supply cuts

OPEC+ changed course making them wary of new glut.. OPEC's report said oil inventories in developed economies were above the five-year average January.. OPEC's share of the cut is 800,000 bpd, producers were over-delivering.. ..

non-opec oil supply growth revised up

Non- OPEC oil growth in 2019 was revised up by 0.08 million barrels day to average 2.18 d, with reference to OPEC's February Monthly Oil Market Report .. ... OPEC believes that non- OPEC supply of 0.23 d compared with the month was driven by Canada, FSU and China.. ..

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