OPEC

OPEC Meeting in Vienna

OPEC Meeting in Vienna

The world was facing an unprecedented oil glut in 2014. This was caused by technological advancement, which had led to countries within OPEC and outside of it, such as the…Read more
OPEC Meeting in Vienna

OPEC Meeting in Vienna

To say that the past year has been interesting for traders following the price of crude oil would be an understatement. With prices down to record lows recently climbing to…Read more
The End of the Iran Deal

The End of the Iran Deal

After weeks of speculation, this week we finally learned what would happen to the Iran nuclear deal: Donald Trump announced that the United States will be withdrawing from the agreement.…Read more
Where Is Oil Headed in 2018

Where Is Oil Headed in 2018

The situation on the oil market has been very dramatic in the last few years. After a prolonged period of record high oil prices, the market crashed due to oversupply…Read more
OPEC Renews Agreement

OPEC Renews Agreement

Yesterday the Organization of Petroleum-Exporting Countries held their long-awaited summit in Vienna. OPEC members met the expectations of investors perfectly by agreeing to extend their current agreement to reduce oil…Read more
OPEC Losing Control

OPEC Losing Control

The union of petroleum-exporting countries, known as OPEC to the world, has for years been the key determinant in all developments involving oil. Thanks to their rich deposits these countries…Read more