Monday 23 April 2018
 
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Opec

Opec, non-Opec conformity level hits 149pc in March

Organization of Petroleum Exporting Countries (Opec) and participating non-Opec countries have achieved a conformity level of 149 per cent in March with their voluntary production adjustments, the highest level so far, said a joint ministerial

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Opec ‘Mission Accomplished’ as oil glut vanishes, says IEA

The Organization of Petroleum Exporting Countries (Opec) is on the verge of “mission accomplished” in its quest to clear the global oil glut that caused the worst industry downturn in a generation, reported Bloomberg, citi

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Opec, IWA in deal to boost Africa utility projects

Opec Fund for International Development (OFID) has signed an agreement with International Water Association (IWA) for the implementation of climate resilient water safety planning utility projects in several major African countries.

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Opec, IWA in deal to boost Africa utility projects

Opec Fund for International Development (OFID) has signed an agreement with International Water Association (IWA) for the implementation of climate resilient water safety planning utility projects in several major African countries.

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Opec, IWA in deal to boost Africa utility projects

Opec Fund for International Development (OFID) has signed an agreement with International Water Association (IWA) for the implementation of climate resilient water safety planning utility projects in several major African countries.

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Opec sees record conformity to output cut deal

Opec and participating non-Opec producing countries have started 2018 with an outstanding conformity level in their voluntary production adjustments, reaching over 130 per cent, said a report. The conformity level for December 201

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Oil prices to average $50-$70 till 2023: BofAML

Brent crude oil prices are expected to average $50 to $70 per barrel (/bbl) in a medium-term horizon to 2023, said the Bank of America Merrill Lynch (BofAML) in its latest Global Energy Paper.  This forecast range co

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Oil prices to average $50-$70 till 2023: BofAML

Brent crude oil prices are expected to average $50 to $70 per barrel (/bbl) in a medium-term horizon to 2023, said the Bank of America Merrill Lynch (BofAML) in its latest Global Energy Paper.  This forecast range co

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Oil market likely to rebalance this year, says Opec chief

With the Opec and non-Opec alliance working to eliminate the remaining glut on the oil market amounting to 75 million barrels, the UAE energy minister said stability was slowing returning and the market was likely to rebalance this year.  

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Opec giants plan super group to stabilise oil market

Plans for a super group of oil producing countries could be in place by year-end as Opec works to institutionalise the ongoing collaboration between 24 member and non-member nations that has helped crude prices to recover, said a report.

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