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What Does The Next OPEC Meeting Have In Store?

Green Car Congress

MAY 23, 2016

The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, and Iran aggressively pumping close to pre-sanction levels. by Rakesh Upadhyay for Oilprice.com.

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Opinion: Saudi Oil Strategy: Brilliant Or Suicide?

Green Car Congress

AUGUST 13, 2015

percent in 2016. Given this environment, it is not surprising that the revenue elasticity of production is highly sensitive, and negative. They are fighting a multi-front war with Iran directly (in Yemen) and indirectly (in Syria, Lebanon, and Iraq). percent in 2014 to 3.3 percent in 2015, and then just 2.7 Racing to Barrel Oil.

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