Middle East1 day agoOPEC+ keeps October oil output quota unchanged from September levels7 OPEC+ countries agree to keep oil production levels for October 2026 unchanged Vienna, Austria: Seven OPEC+ countries – Saudi…
South America2 weeks agoVenezuela weighs exit from Opec as US discusses stake in oil fieldsVenezuela was one of the five oil producers that founded Opec in 1960 and is widely considered the most influential…
Middle East1 month agoOPEC+ Agrees September Oil HikeOPEC+ approved an oil production quota increase on Sunday of around 188,000 barrels per day from September, the producer group…
Middle East3 months agoAnalysts Tell OPEC+ Hormuz Disruption Will Last Through Year EndOil industry experts have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist…
International12 months agoOPEC+ is poised to slip further below oil output targetOPEC+ has delivered about three quarters of the extra oil output it targeted since the group started production hikes in…
International1 year agoGlobal oil markets race record glut next year: IEAThe OPEC+ coalition, led by Saudi Arabia, has fast-tracked the restart of halted production Global oil markets are on track…
International1 year agoOPEC+ makes another large oil output hike in market share pushOPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series…
International1 year agoGlobal oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinionWith the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
International1 year agoOPEC+ Surprises With Oversized Output HikeOPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply…
Features1 year agoOGV Energy’s Middle East ReviewThe OPEC+ group of oil producers decided to continue raising collective production in June by further easing the output cuts,…