OPEC

Crude oil futures have reached their lowest levels of the year due to weak global demand and potential production increases…

Oil prices fell further yesterday, with ICE Brent dropping over 1.4% and NYMEX WTI closing below $70 per barrel for…

OPEC Secretary General Haitham Al Ghais has praised Iran’s recent progress in its oil industry, despite facing severe sanctions from…

Welcome to our guide to the energy and commodities markets that drive the global economy. Today, Grant Smith examines the…

Oil prices took a significant plunge on Tuesday, with U.S. crude oil falling 3.48% to $70.97 per barrel. This drop…

OPEC’s crude oil output decreased last month, according to a recent survey. This decline is linked to ongoing issues in…

Nadia Elbilassy, Senior Market Analyst at Equiti Group, highlighted that oil prices are currently under significant pressure. Markets had already…

The Organisation of Petroleum Exporting Countries (OPEC) saw its oil production fall to its lowest level since January, according to…

On August 28, Reuters released its initial estimate for OPEC’s production in August. The report indicates that the cartel’s daily…

Russia has met its OPEC+ oil production cut targets as of the end of August, Deputy Prime Minister Alexander Novak…