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World News Story: Secretary-General Barkindo: OPEC Isn't Cartel, Doesn't Fix Oil Prices

OPEC Secretary-General Mohammad Barkindo said the exporting group was not in the business of fixing oil prices, when asked on Monday to comment on a U.S. House committee passing a bill targeting OPEC oil supply cuts.


Posted: 2019-02-11 12:56:33

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World News Story: Secretary-General Barkindo: OPEC Isn't Cartel, Doesn't Fix Oil Prices | Newsmax Live Newscast | RobinsPost News Network - Newscast

US move to end Iran exemptions sending oil prices higher

Tue, 23 Apr 2019 10:59:00 GMT

Secretary of State Mike Pompeo speaks during a news conference on Monday ... The waiver announcement wrong-footed key oil producing countries in the OPEC cartel after they had increased supply in ...

The Latest: Analysts: Iran sanctions bullish for oil prices

Tue, 23 Apr 2019 07:11:00 GMT

Secretary of State Mike Pompeo speaks during a news conference on Monday ... The waiver announcement upset key oil producing countries in the OPEC cartel after they had increased supply in expectation ...

Cost of Oil Falls Another $2 a Barrel : OPEC President Says Cartel Doesn't Intend to Start Price War

Mon, 25 Mar 2019 05:17:00 GMT

Oil prices eroded further Tuesday, falling by more than $2 a barrel despite an assurance from OPEC's president that the 13-nation oil cartel does not intend to launch ... not embarking on a price war, ...

OPEC Not a Cartel, Doesn’t Fix Oil Prices, Says Barkindo

Mon, 11 Feb 2019 20:38:00 GMT

Reacting to this legislation, Barkindo told Reuters yesterday that: “OPEC is neither a cartel nor involved in the business of fixing oil prices ... Russia is not an OPEC member and has said it does ...

Nigeria: OPEC Not a Cartel, Doesn't Fix Oil Prices, Says Barkindo

Mon, 11 Feb 2019 16:00:00 GMT

Reacting to this legislation, Barkindo told Reuters yesterday that: "OPEC is neither a cartel nor involved in the business of fixing oil prices." "It would be a misjudgment ... Russia is not an OPEC ...

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OPEC could make Canadian oil price crisis even worse

(Fri, 30 Nov 2018 07:55:00 GMT)

Brower says he doesn't get the feeling there is a sense of urgency to make production cuts from OPEC leaders. Prices just haven't fallen far enough.

Trump Today: President attacks OPEC over ‘too high’ oil ...

(Thu, 28 Mar 2019 16:40:00 GMT)

Trump Today: President attacks OPEC over ‘too high’ oil prices after Brent heads toward $70 per barrel

Qatar Says It Will Leave OPEC and Focus on Natural Gas ...

(Tue, 04 Dec 2018 17:08:00 GMT)

Qatar’s defection could raise questions about OPEC’s ability to enforce future production cuts. And even as the country professes a heightened focus on natural gas, if it were to make new oil ...

OPEC : Home

(Sat, 20 Apr 2019 22:40:00 GMT)

Keynote Address by OPEC Secretary General at the APPO CAPE VII Congress and Exhibition. Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the APPO CAPE VII Congress and Exhibition, Sipopo International Conference Hall, 3 April 2019, Malabo, Equatorial Guinea.

OPEC, Russia agree oil cut extension to end of 2018 - Reuters

(Fri, 01 Dec 2017 00:04:00 GMT)

OPEC and non-OPEC producers led by Russia agreed on Thursday to extend oil output cuts until the end of 2018 as they try to finish clearing a global glut of crude while signaling a possible early ...

OPEC To Take Drastic Action Despite Shale Slowdown ...

(Tue, 10 Oct 2017 17:55:00 GMT)

After almost two weeks of falling crude prices, OPEC Secretary-General Barkindo has urged the cartel to take some extraordinary measures to boost prices

Qatar’s exit from Opec deepens rift with Saudi Arabia ...

(Mon, 03 Dec 2018 19:04:00 GMT)

Several hours later, Sheikh Hamad bin Jassim Al Thani, Qatar’s former prime minister, piled into the debate, criticising Opec and by extension the Saudi rulers who have dominated the cartel for ...

When OPEC decided on the production quotas - Oil Price

(Sat, 20 Apr 2019 10:51:00 GMT)

As members do wrestle around by overproducing, calls were made to stick to the production cut agreements made in 2008. OPEC has 12 member countries and the twelfth member Iraq doesn't come under the production agreements. However, this adherence to the production quotas isn't as easy as it seems.

Political Crisis In Venezuela To Reshape OPEC | OilPrice.com

(Sun, 27 Jan 2019 15:57:00 GMT)

The ongoing turmoil in Venezuela could be a boon for Saudi Arabia and the UAE, whom eye a larger oil cartel in which Arab nations and Russia would have the most leverage

Saudi Arabia Mining News and Commentary | MINING.com

(Tue, 16 Apr 2019 17:22:00 GMT)

Saudi Arabia mining news. Explore related Saudi Arabia articles for more information on the Saudi Arabia mining industry.

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