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IRAQ OPEC EXIT
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...- Iraq to consider all options if OPEC quota is not raised, has weighed exit, sources sayBaghdad is signaling a potential departure from OPEC if its oil production quota isn't substantially raised, a move that would further dest...
- Is the Iran war just an energy shock - or a turning point?A potential U.S.-Iran peace deal to reopen the Strait of Hormuz could signal a watershed moment for global energy markets, moving beyond a ...
- 7 OPEC+ nations announce second straight 188,000 bpd output increase for JulySeven OPEC+ nations will boost oil production by 188,000 barrels per day in July 2026, marking a second consecutive monthly increase. This ...
- OPEC+ set for fourth oil quota hike since Hormuz closure, sources sayOPEC+ is set to raise its oil output targets for the fourth straight month, a strategic move amidst production hurdles faced by some of its...
- India turns to Latin American, African oil after Hormuz disruptionIndian refiners sought oil from Latin America and Africa as Middle East supplies faced disruptions. Imports from Venezuela, Brazil, Angola,...
- OPEC+ to make first post-UAE production decisionSeven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...
- OPEC just lost one of its biggest players — here's the inside story of the UAE's exit and what the Saudi-UAE split really means for OPEC's market powerUAE Quits OPEC: How the World's Energy Map Just Shifted Permanently. The UAE's departure from the Saudi Arabia-led cartel is being called t...
- Why UAE stepped away from OPEC amid Iran war and soaring crude oil pricesUnited Arab Emirates has announced it will exit OPEC and OPEC+ effective May 1, delivering a fresh shock to an already strained global ener...
- UAE's OPEC exit may not hit oil markets, say executivesUAE’s planned exit from OPEC is unlikely to disrupt global oil markets despite its sizable output, say industry executives, though it may d...
- Why UAE left OPEC and what it means for global oil prices and supplyThe United Arab Emirates has exited OPEC and OPEC+. This move significantly weakens the oil cartel and its leader, Saudi Arabia. Analysts s...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- Strait of Hormuz closed again over US blockade, says Iran military commandIran's military command has announced the closure of the Strait of Hormuz, a vital energy shipping channel, citing a US blockade. This move...
- US-sanctioned supertankers enter Gulf despite blockadeA second U.S.-sanctioned supertanker has entered the Strait of Hormuz despite Washington’s blockade on vessels linked to Iranian ports, rai...
- Oil falls by over 4% as Saudi price cuts counter Middle East worriesOil prices fell by more than 4% on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting supply con...
- 'Race against time': Climate talks in last push over fate of fossil fuelsUN leaders urge end to obstruction at climate summit in Dubai as oil producers resist calls to wind down fossil fuels. The UN Secretary-Gen...
- Bromance to break-up: 4 ways the Opec deal could end earlyHere are four scenarios that could end the Opec's output cap deal earlier than planned.
- Crude oil’s medium term outlook positive but expect some profit-bookingFundamentals remain supportive as supply has started to flatten and demand remains robust.
- Six top cues that changed things for Dalal Street while you were sleepingStrong GDP growth data likely: India's September quarter GDP growth data could potentially cheer up financial markets, which have remained ...
- Game puts you in Obama's shoesA computer game set to hit US stores the day Barack Obama is sworn in as president challenges players to see whether they can do a better j...
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