OGJ Newsletter

Market MovementOPEC hikes production quotaAt a special June 3 meeting in Beirut, members of the Organization of Petroleum Exporting Countries hammered out a compromise agreement to immediately raise their total crude production quota by 2 million b/d, with another hike of 500,000 b/d starting in August. The group also agreed to meet again July 21 to review the policy.The first quota hike apparently will put no new crude supplies into the market; OPEC exceeded its existing quota by 2.3 million b/d in May.Mixed reactionsSome analysts promptly dismissed the quota change as disappointing. Nauman Barakat of Refco Group Ltd. LLC, New York, told Reuters news service, "Forget the promise of anoth...

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