Producers Set to Extend Cuts as Rally Stalls: OPEC Reality Check

Reeling from the worst oil-market rout in a generation, producers controlling about 60 percent of the world’s supply came together last year determined to put an end to the global glut.

Oil Producers in Consensus to Extend Cuts, OPEC Members Say

OPEC and other oil producers taking part in output cuts have reached a consensus to extend the limits until the end of the year, oil ministers for two of the group’s members said.

OPEC Chief Sees Oil Producers Closer to Re-Balancing Market

Oil-producing nations are moving closer toward ending a global glut and re-balancing the crude market, and OPEC will decide next month whether to extend its cuts in output beyond June, the group’s Secretary-General Mohammad Barkindo said.

LNG producers turn to trading, risk taking to maintain market share

Producers of liquefied natural gas (LNG) have shot themselves in the foot with oversupply, and face calls for flexibility and greater competition from other fuels that may force them to take more risks and start trading just like other commodity dealers.

Japan’s Power Producers to Face China Coal Pain After Steel

First it was Japan’s steelmakers, now it’s the nation’s power producers that are set to pay for China’s coal policies.

Indian aluminum producers seek further import duty increases

India’s aluminum producers are appealing for further increases in import duties and other measures to counter cheap imports from China and other countries, Nalco and Vedanta officials said this week.

Oil Producers Prepare for Second-Half Slump as Rally Sputters

Oil producers aren’t betting on the rally.