OPEC+ Ministerial Panel Makes No Changes to Current Oil Output Policy
An OPEC+ ministerial panel which met on Friday made no changes to the group’s current oil output policy after ... Read More
OPEC
Russian President Vladimir Putin Discusses OPEC+ Deal With Saudi Crown Prince
Russian President Vladimir Putin discussed the OPEC+ deal to cap oil production with Saudi Arabia’s Crown Prince Mohammed bin ... Read More
OPEC Fund Approves Loan for Global Challenges in Africa
The most recent meeting of the Board of Directors of the Opec Fund for International Development (OFID) ended with a series of ... Read More
Crude Oil in a Gloomy Start Beginning of the Year
Oil prices gained marginally as the world’s top crude oil exporter, Saudi Arabia, on Thursday, cut the prices of all ... Read More
OPEC Maintains 2022, 2023 Oil Demand Growth Forecasts
OPEC on Tuesday stuck to its forecasts for global oil demand growth in 2022 and 2023 after several downgrades, saying ... Read More
OPEC+ Decision to Cut Oil Production ‘Right Call’
A US-based consultancy firm has released a report on Friday that backs the October OPEC+ decision to cut oil production, ... Read More
G7 Coalition Agrees to Set Fixed Price for Russian Oil
The Group of Seven rich nations and Australia have agreed to set a fixed price when they finalize a price ... Read More
UAE and US Sign Green Energy Deal
The United Arab Emirates and the United States have signed a partnership to spur $100 billion of investments in clean ... Read More
Russia Oil Price Cap Will Not be Replicated Against OPEC Producers
New steps from Group of Seven countries to cap Russian oil sales at an enforced low price will not be ... Read More
Oil Markets Are Going Through ‘Great Fluctuations’
OPEC Secretary General Haitham al-Ghais said on Sunday that “oil markets are going through a stage of great fluctuations,” during ... Read More