OGJ Newsletter

Market MovementOPEC approves 'paper' quota increaseIn a move to improve their market credibility, ministers of the Organization of Petroleum Exporting Countries apparently agreed last week to raise hike their collective production quotas by 6%, or 1.3 million b/d, while practicing stricter compliance with production limits.Saudi Arabia, OPEC's most powerful member, had urged the group to curb excess production by as much as 2 million b/d while simultaneously hiking the group's total quota by 1.5 million b/d. The result, the Saudis claimed, would be increase only on paper, adding no new barrels of oil to the market.The new quota target of 23 million b/d is effective Jan. 1....

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected