OPEC

OPEC expects increase in global demand, raises non-OPEC supply forecast

Crude oil demand will increase globally this year while non-OPEC supply is expected to rise more than expected over the…

Who benefits from OPEC production cuts? The U.S.

The Saudi crown prince Muhammed bin Salman has been undertaking a weekslong U.S. charm offensive. One of the key themes…

Trade war effect on oil prices to be minor- minister

Suhail Al Mazrouei, the United Arab Emirates energy minister said Tuesday that he is not concerned about the international trade…

OPEC may extend oil production pact with Russia up to two decades

Organization of the Petroleum Exporting Countries, OPEC, is reportedly looking to extend oil production cooperation with Russia for up to…

Iraq supports OPEC-led oil output reduction deal, Iraq’s Masum says

Fuad Masum, Iraqi President said at a meeting Monday with OPEC Secretary-General Mohammad Barkindo that the country supports OPEC's agreement to…

OPEC sees US oil supply rise as share of global crude production drops to 32.8% in Feb

OPEC said Wednesday that US oil production is set to rise further this year as the organisation crude production decreased…

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