International Coalbed

International Coalbed Exclusives

OPEC, output deal, oil production, oil prices, Hart Energy, KeyBanc, Reuters, Andrew Fletcher, analyst, Saudi Arabia, Algeria, Iran, Iraq, Russia

The producing group will agree to concrete levels of production by each country at its next formal meeting in November, sources say.

shale oil, OPEC, reserves, U.S., Rystad, Russia

About half of the nation’s oil is in shale rock, which is desirable for drillers - at the right price.

Wood Mackenzie, upstream, investment, oil, gas, U.S., unconventional, price, conventional, Russia, Saudi Arabia

An energy research firm forecasts that 7 billion barrels of oil less will be produced between 2016 and 2020.