Searched for
IRAQ OPEC DELEGATE
OPEC+ leaders expected to up July oil output target despite Hormuz disruption, sources saySeven key OPEC+ oil nations are poised to increase July output by approximately 188,000 barrels per day. This decision comes as the group m...
Oil prices to play crucial role in US-Israel-Iran war? How are Saudi Arabia, UAE, Russia planning to hit back?Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman were already scheduled to meet on Sunday
OPEC+ weighs bigger output hike after Iran strike, sources sayOPEC+ might boost oil production more than planned on Sunday. Saudi Arabia and the UAE have already increased exports. This comes as concer...
OPEC+ set to extend oil production pause till March amid soaring prices, sources sayOPEC+ is expected to maintain its current oil production policy for March. Sources indicate no changes are likely when the group meets on S...
Oil slips even as US winter storm curbs crude outputOil prices dipped despite a severe winter storm disrupting U.S. Gulf Coast production and refineries, with analysts estimating significant ...
OPEC+ set to raise oil output further from October, sources sayOPEC+ is poised to agree on a further increase in oil output, but is likely to slow the pace of increases from October due to weakening glo...
Aramco cuts oil prices for big buyers in AsiaWhile the large reduction comes on the back of some of the kingdom's biggest price increases in years, the move was still bigger than expec...
OPEC+ panel meeting seen making no policy changes after surprise output hikeAn OPEC+ ministerial meeting on Saturday is expected to leave oil output policy unchanged, following this week’s surprise move by eight mem...
Climate campaigners slam OPEC bid to thwart oil phase-outIn the letter sent Wednesday, Ghais said it "seems that the undue and disproportionate pressure against fossil fuels may reach a tipping po...
Climate campaigners slam OPEC bid to thwart oil phase-outOPEC faced criticism from activists and the High Ambition Coalition after urging its members to oppose a fossil fuel phase-out at the COP28...
Oil prices fall, extend slide after OPEC+ cuts underwhelmBrent crude futures for February fell 14 cents, or 0.2%, to $80.72 a barrel by 0005 GMT. U.S. West Texas Intermediate crude futures fell 12...
OPEC+ working on compromise for 2021 oil policy, sources sayThe Organization of the Petroleum Exporting Countries, Russia and allies, a group known as OPEC+, had previously been expected to extend ex...
OPEC+ gets scant relief from vaccine as it meets to discuss cutsCrude prices have rallied to a 10-week high on hopes that Pfizer Inc. and BioNTech SE’s breakthrough could soon revive the flights, car jou...
Opec+ deal isn't worth the paper it's written onOpec cut their output target by a further 500,000 barrels a day for the first quarter of 2020.
Saudis offer carrot and stick to get Opec to defend oil pricesThe potential reward for complying: Riyadh will lead the way in deepening curbs.
Biggest Opec+ producers aren’t pushing for deeper oil cutsOpec has slashed forecasts for the amount of oil it will need to pump over the next few years.
OPEC splits prevent deal with other producers to curb supplyA deal wasn’t possible because internal OPEC talks on Friday reached an impasse over the role of Iran and Iraq, both of which want to be ex...
Indonesia's return to OPEC complicates December decision on output targetOPEC's policy meeting in December will welcome Indonesia's return as a member, complicating a decision by the producer group on whether to ...
- Arab world to remain key global energy source for decades
Arab countries will remain the world's main energy supplier for decades to come, with more than half of proven global oil reserves, speaker...
- Oil climbs following first Opec output cut since '04
Oil jumped a dollar to above $60 on Thursday after Opec officials said the producer group will cut output by 1 million barrels per day as s...