The oil and gas industry is “under siege” due to years of under-investment, the OPEC Secretary General Mohammad Barkindo said on Tuesday, adding the resulting supply shortage…
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A report released by the Organization of the Petroleum Exporting Countries (OPEC) indicates that Iran has earned more than $25 billion in revenue from oil exports…
OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a Reuters survey on Friday showed, as involuntary declines in…
The 30th OPEC and non-OPEC Ministerial Meeting was held via videoconference on 30 June 2022. In view of current oil market fundamentals and the consensus on…
Oil prices sank about 2% on Thursday as OPEC+ confirmed it would only increase output in August as much as previously announced despite tight global supplies, but…
OPEC and OPEC+ began two days of meetings on Wednesday with sources saying a big policy change was unlikely this month.
At its last…
OPEC’s oil revenue surged in 2021 as prices and demand recovered from the worst of the COVID pandemic, while the number of its members’ active rigs posted…
The Organization of the Petroleum Exporting Countries (OPEC) will launch the 2022 edition of its Annual Statistical Bulletin (ASB) on Tuesday, 28 June 2022, at 10:00…
OPEC and allied producing countries including Russia will likely stick to a plan for accelerated oil output increases in August, sources said, hoping to ease surging oil…
The common objective of the Organization of the Petroleum Exporting Countries and its non-OPEC partners has always been to maintain oil market stability, not to raise prices…
Russia’s Deputy Prime Minister announced the possibility of continuing cooperation with the OPEC-Plus coalition.
According to Reuters, Alexander Novak said on Thursday (June 16)…
In its latest monthly report, the OPEC Secretariat maintained its forecast that oil demand in 2020 will exceed pre-Corona levels.
According to Reuters from…
The latest OPEC monthly report showed that Iran’s heavy oil prices rose 8.7 percent last month.
The price of a barrel of Iranian heavy…
Vienna, Austria, 14 June 2022–The price of OPEC basket of thirteen crudes stood at $120.66 a barrel on Monday, compared with $123.19 the previous Friday, according to…
A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart.
Aenean feugiat purus vitae sollicitudin laoreet. Duis fringilla ligula vel velit lacinia, in mattis felis consectetur. Sed at pretium orci. Ut tempus libero odio, sit…
Aenean feugiat purus vitae sollicitudin laoreet. Duis fringilla ligula vel velit lacinia, in mattis felis consectetur. Sed at pretium orci. Ut tempus libero odio, sit amet…
Aenean feugiat purus vitae sollicitudin laoreet. Duis fringilla ligula vel velit lacinia, in mattis felis consectetur. Sed at pretium orci. Ut tempus libero odio, sit amet…