OPEC

OPEC+ crude oil production declined by 300,000 barrels per day (b/d) in August, falling to 40.73 million b/d, according to…

OPEC+ member countries, including Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, held a virtual…

BAKU, Azerbaijan, September 10. – The Organization of the Petroleum Exporting Countries (OPEC) is fully backing Azerbaijan’s cooperative approach towards…

Haitham al-Ghais, the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), has expressed his gratitude to Javad Oji,…

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…