OPEC’s Supply Boost Sparks Concerns Over Persistent Oil Price Declines
The global oil market is once again at a crossroads, grappling with the delicate balance betwe…
OPEC
OPEC projects 1.4m bpd global oil demand growth in 2026, cites stronger global growth
The Organisation of Petroleum Exporting Countries (OPEC) has raised its projection for global …
byLinda Patrick
-
Petroleum demand will rise despite global push for renewables: OPEC Secretary General
Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham al-Gha…
byWilfrey Morena
-
Iran’s OPEC governor Hossein Kazempour Ardebili dies of brain hemorrhage
Iran’s OPEC governor Hossein Kazempour Ardebili (Photo by AFP) Iran’s governor to the Organizati…
byWatson Williams
-
Saudis launched oil price war after MBS-Putin shouting match: Report
This file photo by AFP shows a general view of Saudi Aramco. A telephone call last month betw…
byWilfrey Morena
-
‘Iran not expecting OPEC call to cut output’
Iran’s Petroleum Minister Bijan Zanganeh says he does not expect the Organization of the Petro…
byLinda Patrick
-
‘Oil above $55 per barrel not to OPEC's benefit'
Iran’s Oil Minister Bijan Zanganeh. (Photo by Shana) Iran says the member states of the Orga…
byUnknown
-
OPEC reports big Saudi oil cut, boosting compliance with deal
OPEC Top OPEC oil producer Saudi Arabia made a large cut in its crude output in January to s…
byBatter William
-
Oil edges up ahead of Christmas
File image of an oil platform Crude prices have edged up ahead of the Christmas with the glo…
byAbbott Tony
-
OPEC, non-OPEC producers set for deal
OPEC headquarters in Vienna, Austria (@AFP) The Organization of the Petroleum Exporting Coun…
byWilfrey Morena
-
OPEC states must work for stable oil market: Iranian President Hassan Rouhani
Iranian President Hassan Rouhani Iranian President Hassan Rouhani says all member state…
byPerez Hilton
-
Crude prices enjoys best weekly gain in years
File image of an oil platform in the Persian Gulf Crude prices have soared after the Organiz…
byAbbott Tony
-
Iran’s OPEC ‘victory’ hailed at home
The agreement by OPEC to exempt Iran from a much-debated oil freeze plan has been praised by t…
byPerez Hilton
-
Libya rejects OPEC production cuts
Chairman of Libya’s National Oil Corporation Mustafa Sanalla Libya says it cannot be part of…
byWilfrey Morena
-
Oil prices slumped sharply after Saudi no-show
An AFP file image taken on August 21, 2013 shows an oil well near Tioga, North Dakota. Oil p…
byWilfrey Morena
-
OPEC, non-oil cartel members discuss production cuts
OPEC OPEC officials held talks with Russia and other non-cartel members Saturday in Vie…
byAbbott Tony
-
OPEC facing its ‘hardest’ times in history
OPEC produces about 35% of crude oil globally. OPEC is at its hardest stage in history as oi…
byLinda Patrick
-
Our website uses cookies to improve your experience. Learn more
Ok