OGJ Newsletter

Market MovementOPEC decision undercuts oil market pricesThe Apr. 24 decision by ministers of the Organization of the Petroleum Exporting Countries to raise their official quota by 900,000 b/d to 25.4 million b/d, effective June 1, effectively promising to reduce recent overproduction by 2 million b/d, triggered a general retreat in oil prices until a weaker-than-expected build in US crude inventories and expressions of concern by OPEC officials sparked an Apr. 30 price increase.The quota increase will be divided among the 10 active OPEC members minus Iraq on a pro rata basis, giving each member a 3.7% increase, officials said. OPEC ministers indicated they would take another look at oil m...

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