(Bloomberg) --OPEC and its allies will likely delay a supply increase planned for January by three months, according to a survey of oil analysts, traders and refiners.
The 23-nation coalition led by Saudi Arabia and Russia will probably defer the 1.9 million-barrel hike when they meet next week, according to all but two of 36 respondents to the poll. Twenty-seven predicted a delay until the start...
an active member list that includes the likes of Saudi Aramco, China National Petroleum Corp...
nations such as Saudi Arabia and Russia,” Ryan Fitzmaurice, commodities strategist at Rabobank, wrote...
close ties with the country even as other Gulf Arab nations such as Saudi Arabia and the United Arab...
to be able to justify any significant increase.”
A Delicate Balance
The OPEC+ alliance -- led by Saudi... for the next three to four months.”
Saudi Arabia says the impact of its own extra production...
. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks... to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement...
between the United Arab Emirates -- a core part of the cartel -- and other members. Saudi Arabia’s.... Over the past few weeks, leading figures in the alliance such as Saudi Prince Abdulaziz...
., and Occidental Petroleum Corp.’s Vicki Hollub, after Saudi Arabia’s surprise plan to cut production... in prices over the second half of last year and Saudi’s “gift” to cut production.
“This increased...
facilities in Saudi Arabia, Abu Dhabi and Qatar. Eighteen of the company’s technicians in the region...
and even international sanctions.
Saudi Aramco reshuffled its senior management and created...
and sustained recovery in consumption. Saudi Arabia and other top producers from the Middle East...
open. September data also show higher oil exports from Saudi Arabia and Iraq. At the same time, Russian...
news:
Saudi Arabia pumped 8.974 million barrels a day in September compared with 8.988 million barrels...
strength in the physical market, Saudi Arabia slightly raised the cost of its flagship Arab Light crude...
continue to comply with the OPEC+ pact to curb output.
Other oil-market news:
Saudi Aramco gave full...