Permian shale boom in Texas is devastating for Opec -- The Opec oil cartel is waking up to an unpleasant surprise.

Permian shale boom in Texas is devastating for Opec -- The Opec oil cartel is waking up to an unpleasant surprise.

Coal is rebounding, natural gas prices are up, and the world’s oil cartel is quite content | Grist

Coal is rebounding, natural gas prices are up, and the world’s oil cartel is quite content | Grist

IS attacked an Iraqi police checkpoint south of Baghdad, security officials said March 6, @Reuters reported.

IS attacked an Iraqi police checkpoint south of Baghdad, security officials said March 6, @Reuters reported.

The oil cartel, OPEC, has confirmed what has been obvious to many for months: U.S. shale production is in deep, deep trouble as the fracking boom bursts in the

The oil cartel, OPEC, has confirmed what has been obvious to many for months: U.S. shale production is in deep, deep trouble as the fracking boom bursts in the

Cartel Vintage 1973 - Shell Auto Oil - Cartel de chapa 41x32 cm.

Cartel Vintage 1973 - Shell Auto Oil - Cartel de chapa 41x32 cm.

LET FREEDOM RING COURT RULES OPEC IS ABOVE THE LAW Exclusive: Larry Klayman blasts D.C. elites who put special interests ahead of Americans  Read more at http://www.wnd.com/2015/06/court-rules-opec-is-above-the-law/#lVzebpwwYr6hRSqI.99

LET FREEDOM RING COURT RULES OPEC IS ABOVE THE LAW Exclusive: Larry Klayman blasts D.C. elites who put special interests ahead of Americans Read more at http://www.wnd.com/2015/06/court-rules-opec-is-above-the-law/#lVzebpwwYr6hRSqI.99

Shots Fired: "OPEC Has Practically Stopped Existing" - Rosneft CEO Mocks Defunct Oil Cartel | Zero Hedge

Shots Fired: "OPEC Has Practically Stopped Existing" - Rosneft CEO Mocks Defunct Oil Cartel | Zero Hedge

#MARKETS: #Oil surges on #OPEC deal analysts see more upside   December 2 2016 The two-and-a-half-year oil bust could be coming to an end thanks to OPEC. The oil cartel pulled off a surprise agreement snatching victory from the jaws of defeat. The deal calls for collective cuts from 13 members (Indonesia suspended its membership) reducing output by 1.2 million barrels per day to 32.5 mb/d. Also non-OPEC countries will cut output by 600000 barrels per day including 300000 bpd from Russia. The…

#MARKETS: #Oil surges on #OPEC deal analysts see more upside December 2 2016 The two-and-a-half-year oil bust could be coming to an end thanks to OPEC. The oil cartel pulled off a surprise agreement snatching victory from the jaws of defeat. The deal calls for collective cuts from 13 members (Indonesia suspended its membership) reducing output by 1.2 million barrels per day to 32.5 mb/d. Also non-OPEC countries will cut output by 600000 barrels per day including 300000 bpd from Russia. The…

Ahead of OPEC's meeting next month, analysts are predicting that the oil cartel will maintain current levels of production, or possibly increase them. Evidence suggests that OPEC is not finished securing its share of the oil market, particularly if North American operators manage to resume production at lower prices.

Ahead of OPEC's meeting next month, analysts are predicting that the oil cartel will maintain current levels of production, or possibly increase them. Evidence suggests that OPEC is not finished securing its share of the oil market, particularly if North American operators manage to resume production at lower prices.

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