OPEC

The Organization of the Petroleum ExportingCountries(OPEC)

Oil strikes new peaks, equities rebound

World oil prices surged Tuesday to new multi-year peaks, extending a bullish run one day after OPEC+ refrained from boosting output any further

Oil strikes new peaks, equities rebound

Pandemic brings forward predictions for peak oil demand

The Covid-19 pandemic this year has dented oil consumption and brought forward forecasts by energy majors, producers and analysts for when the world's demand for oil may peak.

Pandemic brings forward predictions for peak oil demand

Global oil demand to rebound next month: IEA

Global oil demand has dropped for three straight months as Covid cases have risen in Asia but it is expected to bounce back next month, the International Energy Agency said Tuesday

Global oil demand to rebound next month: IEA

OPEC+ sticks to gradual oil output hikes, ups demand forecast

OPEC and its allies on Wednesday agreed to stick to their existing policy of gradual oil output increases, despite revising its 2022 demand outlook upwards and ongoing US pressure to raise production ...

OPEC+ sticks to gradual oil output hikes, ups demand forecast

Despite fighting climate change, US calls on OPEC to pump more oil

The Biden administration's push for lower fuel prices grates with its efforts to secure global leadership in the fight against climate change

Despite fighting climate change, US calls on OPEC to pump more oil

OPEC+ meeting to set February production levels

Members of the OPEC group of oil producers and their partners will meet via videoconference Monday to decide production levels for February, which it hopes to continue boosting

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture on 14 April.

OPEC turns 60 at ‘critical moment’ for virus-hit oil

OPEC faces a critical moment in its 60-year history with the coronavirus crushing crude demand and prices, discord among its members, and threats from a world seeking cleaner fuels

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture on 14 April.

OPEC, Russia extend record oil cuts to end of July

OPEC, Russia and allies agreed on Saturday to extend record oil production cuts until the end of July, prolonging a deal that has helped crude prices double in the past two months by withdrawing ...

A 3D printed oil pump jack is seen in front of displayed stock graph and Opec logo in this illustration picture on 14 April.

OPEC, Russia approve biggest-ever oil cut

OPEC and allies led by Russia agreed on Sunday to a record cut in output to prop up oil prices amid the coronavirus pandemic in an unprecedented deal with fellow oil nations, including the United ...

The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria 9 April 2020.

Oil prices rebound as traders await OPEC meeting

Oil prices gained as market participants eagerly awaited a key meeting by the world’s major oil producers on output cuts

Oil prices rebound as traders await OPEC meeting
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