OPEC

Oil & Gas
VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production
Owners of the largest crude oil tankers stand to gain from the recent OPEC’s decision to increase production.
Oil & Gas
Goldman Cuts Q3 Brent Forecast to $75 a Barrel
Oil prices fell $5 a barrel on Monday in response to fears over the hit to demand from rising Delta coronavirus infections and an OPEC+ agreement to boost outpu
Video
Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?
Standoff due to economic rivalry among oil-rich countries in the Middle East has ended.
Oil & Gas
OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets
OPEC+ agreed to increase oil production Sunday, as demand roars back and prices surge, ending a dispute between the United Arab Emirates and Saudi Arabia.
Oil & Gas
OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022
OPEC said that that demand next year would rise by 3.4% to 99.86 million barrels per day, averaging more than 100 million bpd in the second half of 2022.
Oil & Gas
Oil Prices Drop After Saudi-UAE Reach Output Compromise
The deal between the two Gulf producers means that members of the Petroleum Exporting Countries (OPEC), Russia and other producers, a group known as OPEC+, will
Oil & Gas
OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns
The International Energy Agency on Tuesday warned that world oil markets are likely to remain volatile following a breakdown in talks between OPEC members and t
Oil & Gas
Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies
Saudi Arabia and Oman called on Monday for continued cooperation between OPEC and other allied producers to stabilise and balance the oil market.
Video
Video: UAE and Saudi Arabia’s spat over OPEC oil production
Saudi-led plan to extend a deal capping oil production triggers a dispute between two OPEC heavyweights.
Oil & Gas
Opec+ Might not Meet Until August: Saudi Oil Minister
Saudi Arabia's oil minister Abdulaziz bin Salman has conceded the Opec+ coalition's next meeting could take place no sooner than August, as an ongoing clash wit
Oil & Gas
US Oil Prices Soar To 6-Year High In OPEC Standoff
The U.S. benchmark oil price WTI Crude hit its highest level since November 2014 early on Tuesday, after OPEC+ on Monday called off its third attempt to reach a
Oil & Gas
Oil and Dollars: Why the UAE is Risking a Falling-out with OPEC+
The UAE agreed with the other 22 OPEC+ members that monthly output cuts should be eased by 400,000 barrels a day from August, but said the extension should be t
Oil & Gas
Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal
Oil jumped to its highest level in nearly three years on Monday after talks between OPEC and its oil-producing allies were postponed indefinitely, with the grou
Oil & Gas
OPEC+ Fails To Hike Oil Production, Delays Decision Again
OPEC+ much-awaited resumption of talks today has now been delayed, indicating that Saudi Arabia and the UAE have not been able to broker any agreement after the
Oil & Gas
Opec+ Resumes Output Talks Amid UAE Standoff
Opec+ ministers are due to resume talks at 15:00 Vienna time today to try to defuse what is fast becoming the group's most serious crisis since it embarked on i

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Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

OPEC

VLCC Owners Stand to Gain from OPEC’s Decision to Raise Crude Oil Production

Goldman Cuts Q3 Brent Forecast to $75 a Barrel

Video: OPEC Deadlock That Drove Oil Prices Up Finally Resolved, Will Petrol And Diesel Prices Fall?

OPEC+ is Boosting Oil Production, Ending Dispute that Shook Energy Markets

OPEC Sees World Oil Demand Reaching Pre-Pandemic Level in 2022

Oil Prices Drop After Saudi-UAE Reach Output Compromise

OPEC+ Deadlock is Bad News for Oil Producers and Consumers, IEA Warns

Saudi, Oman Call for Continued Oil Cooperation Between OPEC and Allies

Video: UAE and Saudi Arabia’s spat over OPEC oil production

Opec+ Might not Meet Until August: Saudi Oil Minister

US Oil Prices Soar To 6-Year High In OPEC Standoff

Oil and Dollars: Why the UAE is Risking a Falling-out with OPEC+

Oil Prices Jump to Multiyear Highs After OPEC+ Talks Yield No Production Deal

OPEC+ Fails To Hike Oil Production, Delays Decision Again

Opec+ Resumes Output Talks Amid UAE Standoff

Oil Posts Third Weekly Gain After OPEC+ Cuts and Inventory Declines

Goldman Remains Bullish On Oil Despite OPEC+ Decision

UAE's ADNOC to Cut 5% of Dec Crude Volumes to Term-Buyers in Asia - Sources

OPEC+ Extends Deep Oil Production Cuts Into 2025

OPEC: Global Oil Demand to Hit 120.1m Barrels per Day (Bpd) by 2050, Energy Demand to Increase 24% During Same Period

BP and Lukoil Considering Selling Stakes in Iraq