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Results for
OPEC
394 Results-
OPEC+ increases production quotas for August
OPEC+ ministers decided Sunday to increase oil quotas by a total of 188,000 ...
Energy -
OPEC cuts 2026 global oil demand growth forecast
OPEC on Wednesday lowered its forecast for global oil demand growth in 2026, ...
Energy -
OPEC+ increases oil production quota
Saudi Arabia, Russia and five other OPEC+ countries increased their oil production ...
Energy
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UAE leaves OPEC and OPEC+
The United Arab Emirates said on Tuesday it was quitting OPEC and OPEC+.“This ...
Gulf -
OPEC lowers second-quarter global oil demand forecast on Iran war
OPEC on Monday lowered its forecast for world oil demand in the second quarter, ...
Energy
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OPEC+ plans symbolic oil quota hike amid war, delegates say
OPEC+ members plan to raise their production quotas for May, in a symbolic move as ...
Energy
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New OPEC+ production mechanism will help stabilize markets, Saudi energy minister says
A new mechanism adopted by OPEC+ to assess members’ maximum output capacity will ...
Saudi Arabia -
OPEC+ to raise oil output by 137,000 barrels per day in December
Eight member countries of the OPEC+ alliance have agreed to adjust their oil ...
Energy
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OPEC ready to raise oil output if required after US sanctions on Russia: Kuwait
OPEC is ready to raise production by rolling back its oil output cuts further if ...
Energy -
OPEC+ to raise oil production by 137,000 barrels a day in November
Saudi Arabia, Russia and six other members of OPEC+ on Sunday decided to raise ...
Energy -
OPEC slams ‘misleading’ reports about plans to increase oil production
OPEC on Tuesday hit out at recent media reports claiming that the Group of Eight ...
Energy -
OPEC sticks to oil demand forecasts, says economy doing well
OPEC made no changes on Thursday to its relatively high global oil demand growth ...
Energy -
Eight OPEC+ members agree to raise oil production by 137,000 bpd in October
OPEC+ has agreed to further raise oil production from October while slowing the ...
Energy
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Eight OPEC+ countries raise production by 547,000 bpd
The eight OPEC+ countries said Sunday they will increase production by 547,000 ...
Energy
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Oil prices dip to settle at 3-week low on US and China economic concerns
Oil prices eased on Friday and settled at a three-week low as traders worried ...
Energy -
OPEC says JMMC does not hold decision-making authority over production levels
The Organization of the Petroleum Exporting Countries (OPEC) said on Friday that ...
Economy
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Saudi Arabia confirms full compliance with voluntary OPEC+ target
“The Kingdom reports both production and supply data with full transparency to the ...
Energy -
OPEC+ says to increase petrol production from August
OPEC+ agreed on Saturday to raise production by 548,000 barrels per day in August, ...
World News
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Nigeria needs to recalibrate its budget for lower oil prices, says IMF
Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash ...
Economy -
Russia boosts seaborne fuel oil exports to India and Turkey in May, data shows
Russia increased seaborne fuel oil and vacuum gasoil exports to India and Turkey ...
World News -
OPEC+ agrees further accelerated oil output hike for July
OPEC+ agreed on Saturday to hike July oil output by 411,000 barrels per day (bpd), ...
Energy -
OPEC+ doing its best to balance the oil market, UAE energy minister says
OPEC+ is doing its best to balance the oil market, but needs to be mindful of ...
Business -
OPEC+ to further speed up oil output hikes: Sources
OPEC+ plans to further accelerate oil output hikes and could unwind its 2.2 ...
Energy
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OPEC cuts 2025 oil demand forecast over US tariffs
OPEC slightly lowered its forecast for oil demand growth on Monday, citing the ...
Energy
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Trump won’t declare war on OPEC, says US energy secretary
US Energy Secretary Chris Wright has downplayed the recent plunge in oil prices ...
Energy -
US energy chief Wright heads to Middle East for nearly two weeks, source says
US Energy Secretary Chris Wright on Wednesday will launch a nearly two-week tour ...
Energy -
OPEC+ speeds up oil output hikes
Eight OPEC+ countries agreed on Thursday to advance their plan for oil output ...
Energy
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OPEC+ likely to proceed with planned May oil output hike, sources say
OPEC+ will likely stick to its plan to raise oil output for a second consecutive ...
Energy
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OPEC+ to proceed with planned April oil output hike
OPEC+ has decided to proceed with a planned April oil output increase, the group ...
Energy -
US piles pressure on Iraq to resume Kurdish oil exports, sources say
US President Donald Trump’s administration is piling pressure on Iraq to allow ...
Middle East