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OPEC


OPEC in crisis but oil will support long-term energy demand

Short-term conflict within OPEC, but Exxon predicts oil will still be the main provider for increasing global energy demand.

Tags: Africa, Lubes marketing, N America, Nigerian oil, OPEC, Russia

2nd February, 2016        

Winners and losers in the oil price fall

Oil revenue will fall for many energy exporters but importing countries will see benefits from the drop in oil prices.

Tags: India, Lubes marketing, Nigerian oil, OPEC, Russia

12th January, 2015        

US is the biggest producer of liquid fuels outside OPEC

Booming shale oil and biofuels changes the balance of global oil producers.

Tags: bio fuels, Lubes marketing, N America, OPEC, Russia

30th September, 2013        

Increased Chinese oil demand could risk oversupply

Over-production could threaten fuel prices even as emerging economies drive demand

Tags: China, China lubes news, IEA, Lubes marketing, OPEC

20th June, 2013        

China poised to top US for oil imports

The US could drop to second place in the world's oil import league as China's energy hunger continues to increase.

Tags: China, Forecasts, Lubes news, North America, OPEC

23rd April, 2013        

IEA predicts tightening OECD supplies as global fuel demand rises

OECD and OPEC supplies are set to tighten as global fuel demand rises in 2013 according to a new report.

Tags: IEA, Lubes news, Lubes tech, OEM and automotive, OPEC

24th January, 2013        

OPEC predicts strong 2013 output

Record 2012 may be followed by strong 2013 for the oil producing nations' conglomerate as US fuel prices escalate.

Tags: Lubes marketing, Lubes news, Middle East, North America, OPEC

4th January, 2013        

Sinochem wins government approval for $4.6bn refinery

Authorities give go-ahead for large refinery in Quanzhou

Tags: China, China lubes news, Lubes news, Middle East, OPEC

24th September, 2012        

Economy and US oil supplies haunt OPEC meetings

Two European meetings involving OPEC discussed the future of OPEC and its relationship with the EC

Tags: Environment and Regulatory watch, Europe, OPEC

9th July, 2012        

OPEC cuts global oil demand forecasts

OPEC has reduced its demand forecasts for the rest of 2011 and 2012 as global economy weakens.

Tags: Africa, Brazil, China, Environment and Regulatory watch, Middle East, N America, OPEC, S America

19th October, 2011        

China oil demand to rise further in 2012

China's oil consumption is set for further growth in 2012, but at a slightly reduced rate.

Tags: China, Environment and Regulatory watch, Forecasts, OPEC

19th October, 2011        

IEA report says oil and gas outlook uncertain

An International Energy Agency report say the outlook for oil and natural gas markets remains uncertain in the mid-term.

Tags: base oil, Environment and Regulatory watch, oil prices, OPEC

1st July, 2010        

Upstream News - Bulletin 112 (Apr 10)

Crude prices reach 18-month high; Opec supports price hike and Brazil; Petrobras strengthens Asian exports; Denbury makes $900m sale; and Shell and Chevron celebrate deepwater success.

Tags: Chevron, N America, OPEC, Petrobras, S America, Shell

20th April, 2010        

Upstream News - Bulletin 106 (Oct 09)

US base oil and Opec production falls; BP find strength in depth; Libya has a new oil minister and China talks to Uganda.

Tags: BP, oil prices, OPEC

3rd October, 2009        

Upstream News - Bulletin 104 (Jul 09)

As oil prices rose throughout June, there was drama caused by a 'rogue' speculator and an interesting exchange of views on mid-term oil investments between OPEC and IEA's former Deputy Executive.

Tags: Lubricants, oil prices, OPEC

14th July, 2009        

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