Non-Opec countries agree to cut oil output to ease glut
Oil-producing nations that do not belong to the Opec cartel have agreed to cut output by 562,000 barrels a day
Mohammed Barkindo
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Non-OPEC countries may agree to cut output by more than 600,000 barrels
OPEC's Secretary General Mohammad Barkindo had said he expects non-OPEC countries would agree to output cuts of 600,000 barrels a day. "For OPEC and non-OPEC we expect 600,000 or even more," he told reporters on …
Oil demand in India to more than double by 2040
OPEC Sends Brent Crude Soaring Amid Pledge To Work With China, Russia
OPEC and non-OPEC producers to meet on Dec. 10 in Vienna
OPEC will meet non-OPEC countries to finalize a global oil output-limiting pact on December 10 in Vienna, the first such meeting since 2002, OPEC's secretary general Mohammed Barkindo said on Monday. The …
The end of two-year policy of pumping without limits?
OPEC, Russia expand diplomatic push to secure oil-cuts deal
OPEC secretary general to discuss oil supply cuts in Venezuela, Ecuador and Iran
OPEC’s secretary general, Mohammad Barkindo, is set to travel to Venezuela, Ecuador and Iran in the coming days to discuss planned supply cuts, the Wall Street Journal reports. In September, OPEC members …
Bloomberg: Russia ready to limit oil output
Russia, the world’s biggest energy producer, is “on board” with an OPEC agreement to limit crude oil production to help re-balance the market, OPEC Secretary General Mohammed Barkindo said at an energy …
Oil price falls as Saudi Arabia and Iran argue over output
Rising tension has threatened to derail talks this month aimed at cutting oil production by Opec countries
World oil prices to be 'frozen'
All of OPEC countries as well as independent exporting countries, including Russia, supported freezing oil output, OPEC Secretary-General Mohammed Barkindo said. "All of OPEC’s 14 members as well as …
OPEC: freeze deal likely to last six months
OPEC Secretary General Mohammed Barkindo said on the sidelines of the World Energy Congress in Istanbul that any deal to freeze oil production was likely to last an initial six months and then be reviewed. …
OPEC chief: Algiers meeting not for "decision making"
OPEC Secretary-General Mohammed Barkindo said the meeting of OPEC members and non-OPEC producers in Algiers this month would be an informal meeting for consultations and not for decision making, Reuters reported citing Algerian state news agency …
Oil: to reduce production or to control supply
Supply factors pull oil prices lower
Iran ready to support oil prices at $50-60
Algerian Oil Minister Noureddine Buterfa will visit Paris tomorrow to discuss oil prices with Saudi counterpart Khalid al-Falih …
Iran offers cautious support to oil freeze
Iran wants a stable market and therefore any measure that helps the stabilisation of the oil market is supported by Iran
Iran supports oil price of $50-60 per barrel, stability measures
Iran supports an oil price of $50-60 per barrel and any measure to stabilise the market, state TV quoted Iran's oil minister Bijan Zanganeh as saying on Tuesday, Reuters reported. "Iran wants a stable market …
OPEC: oil producers show realisation action needed on output
OPEC Secretary-General Mohammed Barkindo sees a growing understanding inside and outside the oil producers' group that action is needed to manage crude production in order to support prices. "There is growing …
OPEC: global oil market heading toward balance
The energy minister of Saudi Arabia, Khalid al-Falih, and the Organization of the Petroleum Exporting Countries' newly appointed secretary general, Mohammed Barkindo, agree that the global oil market is …
OPEC demonstrates it has no power
A regular meeting among the OPEC countries has recently took place in Vienna. The main point of the agenda was the discussion of the new possible oil level of 32 …
Novak: OPEC will not change its policy
Russian Energy Minister Alexander Novak commented on the election of Mohammed Barkindo a new OPEC secretary general. The minister believes that the election of a new general secretary will not affect …
Mohammed Barkindo appointed new OPEC Secretary-General
Nigeria’s Mohammed Barkindo will assume the role of OPEC secretary-general on August 1, succeeding Abdalla El-Badri, who has been in the job for nine years. Barkindo spent more than 23 years …
