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OPEC MINISTERS
Oil Price Today (June 8): Crude oil flares up 5% as Israel attacks Iran, Lebanon in latest escalation. What's next?Oil prices surged 5% on Monday after Israel launched fresh strikes on Lebanon, raising fears of renewed Middle East tensions and potential ...
OPEC+ increases production quotas for JulyOPEC+ ministers decided Sunday to increase oil quotas by a total 188,000 barrels per day for July, in a move analysts said would be unlikel...
As OPEC+ meets, Iran war hobbles power to shape oil marketOPEC+ ministers are meeting to discuss increasing oil production quotas to combat surging prices, which have doubled since Strait of Hormuz...
Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
Oil prices settle higher on slow progress in US-Iran peace talksOil prices saw a volatile week as hopes for a U.S.-Iran peace deal, which would normalize shipping through the Strait of Hormuz, fluctuated...
The Ukraine war is changing. European allies' strategy must change tooUkraine's war effort has shifted, with drones dominating the battlefield and blunting Russia's advantages. While Russia faces higher casual...
How the Mideast war brought UAE, Israel closer togetherAfter facing barrages of Iranian missiles that threatened its economic future, the UAE has moved closer to Israel, widening a split with al...
India ready to extend all possible support to bring peace in West Asia: PM Modi in UAEPrime Minister Narendra Modi met UAE President Sheikh Mohamed bin Zayed Al Nahyan in Abu Dhabi. India pledged full support to foster peace ...
PM Modi likely to seek more energy supplies from UAE during short visit, sources sayIndian Prime Minister Narendra Modi will visit the UAE to discuss long-term energy supply deals and expand strategic oil reserves. The visi...
PM Modi to leave on five-nation tour tomorrow, discussions in UAE to also focus on strengthening energy securityPrime Minister Narendra Modi begins a five-nation tour tomorrow. The visit aims to strengthen India's ties with the UAE and four European n...
India, UAE set to ink energy pacts on LPG and strategic oil reserves on FridayPrime Minister Narendra Modi embarks on a significant visit to the UAE and four European nations. Key agreements on energy security with th...
India, UAE likely to sign pacts on LPG, Strategic Petroleum Reserves during PM Modi's UAE visit: SourcesPrime Minister Narendra Modi's upcoming visit to the United Arab Emirates will highlight energy security. Two significant agreements on Liq...
Peace deal hopes fade after Trump rejects 'garbage' Iran proposalHopes for an Iran peace deal have dimmed as President Trump stated a ceasefire is "on life support" following Tehran's rejection of a U.S. ...
UAE defends OPEC exit; Warns Hormuz must stay open amid West Asia tensionsThe UAE has exited OPEC and OPEC+ stating it is a sovereign decision. This comes after an ADNOC tanker was hit by Iranian drones in the Str...
Italian Defence Minister Crosetto’s bilateral visit strengthens the Indo-MediterraneanRising conflicts in the Indo-Mediterranean, especially after the October 7 attack on Israel and disruptions like the Strait of Hormuz closu...
Iran's economy has been battered. Its leaders still think Trump will blink firstIran's economy faces severe disruption from U.S. and Israeli strikes. Factories are shut, leading to mass job losses and soaring prices for...
- OPEC ministers gather, hurricane drives oil price
OPEC ministers on Monday began gathering in Vienna ahead of a meeting to review output policy, but were widely expected to leave formal tar...
- OPEC ministers tackle falling oil prices
OPEC ministers headed for Vienna on Monday to wrestle with the issue of falling oil prices, with analysts expecting them to agree to trim o...
- Indonesia to pull out of OPEC: Minister
Indonesia will withdraw from the Organisation of Petroleum Exporting Countries as it has become a net oil importer, Energy and Mineral Reso...
- OPEC ministers to meet to assess tense oil market
OPEC ministers to meet at the oil cartel's headquarters in Austri, with the 12-member club under pressure to raise output.