• 4 minutes Why Trump Is Right to Re-Open the Economy
  • 7 minutes Did Trump start the oil price war?
  • 11 minutes Covid-19 logarithmic growth
  • 15 minutes Charts of COVID-19 Fatality Rate by Age and Sex
  • 18 minutes China Takes Axe To Alternative Energy Funding, Slashing Subsidies For Solar And Wind
  • 19 mins How to Create a Pandemic
  • 3 hours KSA taking Missiles from ?
  • 10 mins There are 4 major mfg of hydroxychloroquine in the world. China, Germany, India and Israel. Germany and India are hoarding production and blocked exports to the United States. China not shipping any , don't know their policy.
  • 50 mins A New Solar-Panel Plant Could Have Capacity to Meet Half of Global Demand
  • 7 hours Trump eyes massive expulsion of suspected Chinese spies
  • 41 mins TRUMP pushing Hydroxychloroquine + Zpak therapy forward despite FDA conservative approach. As he reasons, "What have we got to lose ?"
  • 6 hours Today 127 new cases in US, 99 in China, 778 in Italy
  • 7 hours America’s Corona Tsar, Andrew Fauci, Concedes Covid-19 May Be Just a Bad Flu With a Fatality Rate of 0.1%
  • 9 hours Western Canadian Select selling for $6.48 bbl. Enbridge charges between $7 to $9 bbl to ship to the GOM refineries.
  • 12 hours Where's the storage?
  • 14 hours Oxford Epidemiologist: Here’s Why That Covid-19 Doomsday Model Is Likely Way Off
Saudi Arabia Is Ignoring U.S. Pressure

Saudi Arabia Is Ignoring U.S. Pressure

Saudi Arabia is unlikely to…

Oil Tumbles Towards $20 As Glut Grows

Oil Tumbles Towards $20 As Glut Grows

The brief rebound in oil…

Ecuador Moves Mexico, Colombia Towards Output Freeze

Ecuador Moves Mexico, Colombia Towards Output Freeze

Ecuadorean Oil Minister Carlos Pareja told reporters on Monday that he will travel to Colombia and Mexico in the coming week to discuss a proposed meeting between Latin American oil producers in an effort to unify the region in supporting a freeze in oil output as a means of boosting prices, Reuters reported. The meeting had been originally scheduled for the beginning of March, but was postponed due to scheduling conflicts. Pareja said Ecuador’s government was hoping to hold the regional meeting in Quito before OPEC and non-OPEC producers attend their meeting in Doha next month. “Ecuador and Venezuela have already agreed on an output freeze, and if we can reach an understanding with Colombia and Mexico, we could then organize an energy and foreign affairs ministers meeting in Quito on April 8,” Pareja said, Argus reported.

The meeting would be the first significant public event that would include non-OPEC members Colombia and Mexico in regional efforts to control oil prices. Ecuador and Venezuela have been pushing for the OPEC and non-OPEC meeting for months as the plunge in oil prices continues to pummel their economies. Venezuela’s Energy Ministry had no immediate comment on Ecuador’s initiative.

By The Dialogue

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage




Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News