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OPEC

OPEC agrees joint 1.2 mn bpd cut with partners
Business 1 week ago

OPEC agrees joint 1.2 mn bpd cut with partners

OPEC members and 10 other oil producing nations agreed Friday to cut output by 1.2 million barrels a...
Dust settles on Iran, OPEC back in focus
Opinion 3 weeks ago

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Dust settles on Iran, OPEC back in focus

Now that the fog around the Iran sanction waivers has lifted, focus will return to supply-demand bal...
Brace for volatility as oil supply risks loom large
Opinion 5 months ago

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Brace for volatility as oil supply risks loom large

OPEC and its producer allies agreed to an oil output increase of around 1 million b/d.
Headlines from Vienna to determine oil price trend
Opinion 5 months ago

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Headlines from Vienna to determine oil price trend

OPEC and 10 non-OPEC producers, led by Russia, were expected to maintain the 1.8 million b/d supply ...
Oil rallies but further upside looks limited for now
Opinion 6 months ago

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Oil rallies but further upside looks limited for now

OPEC has also gone all out to reassure the market that it will do whatever is needed to maintain mar...
Oil rises to $80 a barrel in London for first time since 2014
Business 6 months ago

Oil rises to $80 a barrel in London for first time since 2014

Oil rose to $80 a barrel in London for the first time since 2014 as U.S. crude inventories fell and ...
Bahrain launches $1 billion energy fund
Business 7 months ago

Bahrain launches $1 billion energy fund

Bahrain's government has launched an energy fund that aims to raise $1 billion from local, regio...
Oil rises toward $63 as OPEC cuts weighed against US supplies
World 8 months ago

Oil rises toward $63 as OPEC cuts weighed against US supplies

Oil rebounded toward $63 a barrel from its first drop in four sessions as investors weighed record c...
Indonesia happy to stay outside of OPEC for now
Business 1 year ago

Indonesia happy to stay outside of OPEC for now

The government is sticking with its decision not to be a member of the Organization of the Petroleum...
Iraq Is giving OPEC a headache
Business 1 year ago

Iraq Is giving OPEC a headache

OPEC has an Iraq problem: the group’s second-biggest exporter is lurching between quota b...
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