OPEC

Oil & Gas
Opec+ Compliance at 109pc in July: Report
The Opec+ coalition achieved 109pc conformity with its crude production commitments in July, down from 112pc in June
Oil & Gas
Oil Price Slides Towards July Low as US Output Rises for Second Week
The price of oil slips to a fresh weekly low despite a larger-than-expected decline in US inventories, with crude on the cusp of taking out the July low as US p
Oil & Gas
Opec Lifts Oil Supply Forecast, Demand Unchanged
Opec has kept its global oil demand growth projections for 2021-22 unchanged but it has lifted its forecast for supply on the back of rising Opec+ quotas.
Oil & Gas
Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production
Oil prices reversed losses to trade in the green on Wednesday, after the White House called on OPEC and its allies to increase oil production to support the glo
Oil & Gas
Opec+ Adds Around 700,000 b/d in July
The Opec+ group added 680,000 b/d to its crude output last month, boosted by higher quotas and the end of Saudi Arabia's extra cut.
Oil & Gas
Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End
It is not geopolitical relationship that will cause the two countries to part, but diverging perceptions of energy transition.
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.

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IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

OPEC

Opec+ Compliance at 109pc in July: Report

Oil Price Slides Towards July Low as US Output Rises for Second Week

Opec Lifts Oil Supply Forecast, Demand Unchanged

Oil Turns Positive, Clawing Back Losses After White House Calls on OPEC to Boost Production

Opec+ Adds Around 700,000 b/d in July

Till World Shifts to Green Energy, Split Between Saudi and UAE Won't End

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

IEA to Expedite 2025 Oil Demand Forecast, OPEC Also Moves Early

OPEC+ Extends Deep Oil Production Cuts Into 2025

OPEC+ Boosts Compliance With Oil Production Cuts To 116%

Ip Signs Deal to Buy Exxonmobil’s Fuel and Refining Assets in Italy

OPEC Woos Namibia as African Nation Prepares to Produce From 2030

Saudi Oil Minister Warns Market Speculators to ‘Watch Out’ Ahead of OPEC+ Meeting