Oil prices saw a slight increase in subdued trading due to public holidays in Britain and…
Tag: Organization of the Petroleum Exporting Countries
Oil prices gain amid worries about supply disruptions; brent crude at $89.76/bbl
Oil prices continued their upward trajectory amid investor apprehensions regarding potential disruptions in supply due to…
Oil prices soars over 2% amid focus on OPEC+, Brent crude at $81.86
Crude oil prices surged more than 2%, driven by speculation that OPEC+ might prolong or deepen…
Old problems confront Nigeria’s new president
Nigeria’s new president Bola Ahmed Tinubu | Photo Credit: AP May 29 was a historic yin-and-yang…
OPEC+ begins meetings that may agree further output cuts
United Arab Emirates’ Minister of Energy And Infrastructure Suhail Mohamed Al Mazrouei arrives at the OPEC…
A ‘middle kingdom’ dawns on India’s west
‘India has well-known high stakes in the Arab world, particularly in the neighbouring West Asian region’…
Explained | Why have major oil producers pledged to cut production?
On April 3, 2023, the Organization of the Petroleum Exporting Countries accepted crude oil production cuts…
OPEC+ producers announce voluntary oil production cuts from May until the end of 2023
Representational photo of the OPEC+ logo before an informal meeting between members of the Organization of…
US calls OPEC+ decision on oil production a ‘mistake’, says it sided with Russia
White House press secretary says President Joe Biden is going to re-evaluate his relationship with Saudi…
OPEC+ makes major oil cuts to boost prices; Pump cost may increase
The OPEC+ alliance of oil exporting countries has decided to sharply cut production to support the…