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OPEC
Adviser to Iraqi PM says lack of OPEC coordination will lead to price war: INA
The financial adviser to Iraq’s prime minister said that “in the absence of coordination and understandings between OPEC producers, the beginnings of a price war will be formed again,” the Iraqi News ...
Saudi energy minister says Kingdom considers interests of all in role as OPEC+ chair
There is consensus among OPEC+ countries on extending OPEC+ pact, except for one nation, Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman told Al Arabiya.“I represent a balanced country that ...
UAE proposes postponing decision to extend OPEC+ pact: WAM
The United Arab Emirates on Sunday said it supported an increase in oil output from August but suggested deferring to another meeting a decision by OPEC+ on extending its global oil supply pact beyond ...
OPEC+ compliance with oil cuts rises to 113 percent in February: Sources
OPEC+ compliance with oil production cuts in February rose to 113 percent, two OPEC+ sources from the producer group told Reuters on Monday.For the latest headlines, follow our Google News channel ...
Saudi Arabia extends oil cuts as OPEC+ keep output unchanged, prices jump
Members of oil producer cartel OPEC and allied countries have agreed to leave most of their existing oil production cuts in place as the spread of new coronavirus variants prolongs concerns about ...
Saudi Arabia in no hurry to end its voluntary oil production cut: Prince Abdulaziz
Saudi Arabia’s energy minister said on Thursday the kingdom was extending its voluntary 1 million barrel per day (bpd) oil production cut and would in coming months choose when to gradually phase out ...
OPEC+ to hold informal online talks on Saturday: Source
OPEC+, a group of leading oil producing countries, will hold informal online talks on Saturday prior to meetings scheduled for next week, a source with the knowledge of the matter said.For all the ...