Tag Archives: Production cuts

Neva-ending Story: Russia, OPEC Raise Prospekt of Continued Market Management in St. Petersburg Reports of the "death of the deal" are exaggerated, for the moment

Having met in St. Petersburg this Thursday (24th May), Reuters is now reporting that Russia and Saudi Arabia may be prepared to organise a coordinated production increase...

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Sanctions on Iran and the OPEC Production Deal Venezuela's collapse gives more room for manoeuvre

It finally happened: Donald Trump will be reimposing sanctions on Iran, violating the JCPOA deal designed to impede Iran's ability to develop nuclear weapons. Long telegr...