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OPEC
OPEC
Middle East

OPEC+ keeps October oil output quota unchanged from September levels

7 OPEC+ countries agree to keep oil production levels for October 2026 unchanged Vienna, Austria: Seven OPEC+ countries – Saudi…
Venezuela
South America

Venezuela weighs exit from Opec as US discusses stake in oil fields

Venezuela was one of the five oil producers that founded Opec in 1960 and is widely considered the most influential…
opec
Middle East

OPEC+ Agrees September Oil Hike

OPEC+ approved an oil production quota increase on Sunday of around 188,000 barrels per day from September, the producer group…
opec
Middle East

Analysts Tell OPEC+ Hormuz Disruption Will Last Through Year End

Oil industry experts have told OPEC+ that supply disruption caused by the closure of the Strait of Hormuz will persist…
opec
International

OPEC+ is poised to slip further below oil output target

OPEC+ has delivered about three quarters of the extra oil output it targeted since the group started production hikes in…
In an aerial view, the LyondellBasell Houston refinery is seen at sunset on June 18, 2025 in Houston. Photo by Brandon Bell Getty Images
International

Global oil markets race record glut next year: IEA

The OPEC+ coalition, led by Saudi Arabia, has fast-tracked the restart of halted production Global oil markets are on track…
An oil tanker is being loaded at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Saudi Arabia May 21, 2018. Picture taken May 21, 2018.
International

OPEC+ makes another large oil output hike in market share push

OPEC+ agreed on Sunday to raise oil production by 547,000 barrels per day for September, the latest in a series…
Global-oil-prices-dropping-russia-revenue
International

Global oil prices dropping to $40-50 to reduce Russia’s revenues significantly – expert’s opinion

With the OPEC’s new policy, decreasing oil prices to USD 40-50 per barrel of Brent crude oil will significantly limit…
opec
International

OPEC+ Surprises With Oversized Output Hike

OPEC+ will ramp up oil production more aggressively than anticipated in August, accelerating the rollback of its 2023 voluntary supply…
middle east energy review
Features

OGV Energy’s Middle East Review

The OPEC+ group of oil producers decided to continue raising collective production in June by further easing the output cuts,…

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