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OPEC Members Nearing Compromise on Supply Cuts

Wall Street Journal Original article ›

Keywords:


OPEC policy and oil prices- 2013-2018

11/30/2013

Grouped Articles

OPEC Rift Emerging Over Iraq Output, Possible Return of Iran

Wall Street Journal 11/30/2013

OPEC, Foreseeing No Glut, Keeps Oil Production Level Steady

New York Times 12/04/2013

Venezuela Could Force Oil Market to Take Stock

Wall Street Journal 02/24/2014

Oil Prices Continue Decline, Pressured by Saudi Action to Defend Market Share

New York Times 10/02/2014

OPEC Members’ Discord Adds to Slide in Oil Prices

Wall Street Journal 10/04/2014

Oil Markets Fly Into a Perfect Storm

Wall Street Journal 10/09/2014

The calculations of the Saudis, Russia, Iran and Iraq, Venezuela, and other OPEC members as oil prices decline in Oct.-Dec. 2014

10/15/2014

Each side the Saudis, the Russia, and Iran is looking at the drop in oil prices and how much it can absorb using sovereign reserves as lower prices leads to budget deficits in 2015-2016. Russia and Iran face greater problems with western sanctions, and falling currency values exacerbating rising inflation. Other OPEC countries such as Venezuela and Nigeria face a crisis from falling revenues. In the U.S. this will affect shale oil production as less efficient producers shut down plants, with the overall outlook of lower oil prices being positive.

Grouped Articles

Fall in Oil Prices Poses a Problem for Russia, Iraq and Others

New York Times 10/15/2014

The Oil Price Swoon Won’t Stop the Shale Boom

Wall Street Journal 10/23/2014

As Oil Prices Plummet, Saudi Arabia Faces a Test of Strategy

New York Times 10/15/2014

Refining Saudi Arabia’s Oil Strategy

Wall Street Journal 11/03/2014

Saudi Price Cut Upends Oil Market

Wall Street Journal 11/04/2014

OPEC Members Nearing Compromise on Supply Cuts

Wall Street Journal 11/26/2014


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