Friday 22 June 2018

Opec unlikely to cut oil output without non-Opec

Opec is likely to stick to its no-cut oil output policy when it meets in December if major producers from outside the group are not willing to help in reducing supplies, a senior Gulf Opec delegate said on Thursday.  


Opec needs to cut output by up to 1 mbpd: delegate

The Organization of the Petroleum Exporting Countries (Opec) needs to cut its oil output by up to 1 million barrels per day (mbpd) at its meeting next week, a delegate from one of Opec's smaller producers said, as oil prices that have slid


14,500 delegates in Dubai for corporate leisure event

The Dubai Convention and Events Bureau (DCEB), a division of the Department of Commerce and Tourism Marketing (DTCM), welcomed the first of 14,500 incentive delegates arriving from Nu Skin Enterprises in China yesterday (April 6).

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