OPEC

Global crude demand is expected to surpass supply next year as OPEC+ extends some deep production cuts into 2025, according…

LONDON – Portfolio investors returned to a broadly neutral stance in petroleum last week. The heavy selling triggered by the…

In June 2024, the Organization of Petroleum Exporting Countries and its allies (OPEC+) nearly met their targeted production levels, surpassing…

OPEC oil production increased in June for the second consecutive month, according to a Reuters survey. The rise was driven…

OPEC+ Members Struggle with Production Quotas, Undermining Market Stability Several OPEC+ members, notably Iraq, Kazakhstan, and Russia, continue to overproduce…

Spare capacity refers to the extra production capability that oil producers can activate if necessary. For OPEC (Organization of the…

OPEC, or the Organization of the Petroleum Exporting Countries, plays a crucial role in shaping the global oil market and…

OPEC, the Organization of the Petroleum Exporting Countries, plays a pivotal role in the global oil market by coordinating the…

OPEC, the Organization of the Petroleum Exporting Countries, plays a crucial role in global oil markets through its decisions on…

OPEC, the Organization of the Petroleum Exporting Countries, plays a pivotal role in the global oil market. Understanding who owns…