Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...

OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output ...

Hamel noted, “The GECF and Opec are like-minded intergovernmental organisations, and it is vital to provide a platform for our members to exchange views and expertise on the critical negotiating ...

Many OPEC members need a price of over $70 to balance their budgets and could not sustain a long period of oil below $50. Nonetheless, OPEC+’s falling market share has led to speculation that ...

The cartel will find one of its members chafing even more than usual against oil production quotas. Javier Blas is a ...

Secretary General of OPEC. Alexander Novak said, "Russia will continue to be a key player in the oil market, maintaining its status as a reliable supplier. The OPEC+ member countries are in constant ...

The article, unusually critical of OPEC policy for one of the group’s founding members, comes days before the producers meet to decide on plans for reviving halted supplies. Javan also wrote ...

OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...

Many OPEC members need a price of over $70 to balance their budgets and could not sustain a long period of oil below $50. Nonetheless, OPEC+’s falling market share has led to speculation that ...

OPEC adjusts oil supplies to stabilize global market prices. OPEC+ includes key non-members like Russia to enhance stabilization efforts. Invest in oil stocks or ETFs understanding OPEC's ...

Many OPEC members need a price of over $70 to balance their budgets and could not sustain a long period of oil below $50. LOW CHANCE OF 'PRICE WAR' Nonetheless, OPEC+'s falling market share has led to ...