Monday 29 April 2024
 
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JMMC

Opec+ oil output cut deal compliance at 129pc

The compliance of Opec and non-cartel producers with the Vienna oil output deal reached 129 per cent in August, a media report said, citing an announcement by the Joint Opec-non-Opec Ministerial Monitoring Committee (JMMC) following its tenth me

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Opec commends UAE compliance with output goals

Opec has commended the UAE’s commitment to adhere to its production adjustments for "the remaining period of the Declaration of Cooperation”, a report said. The Declaration was made at the joint Opec-Non-Opec Prod

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Oil to stay between $50-55 in H2, 2018: Barclays

Brent prices are likely to stay in the $50-55 range in the second half of 2017 and to average in the same range in 2018, said Barclays in its latest Oil Instant Insight. Despite the statements in the communiqué of

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