What’s motivating OPEC members to increase oil production?
Oil prices fell last week and have continued to fall this week after Saudi Arabia and Russia announced that OPEC ...
Saturday, May 30, 2026
Tag: OPEC
Outlook for oil still bullish despite Saudi-Russia crude plan, says Goldman Sachs
Goldman Sachs Group Inc., leading global investment banking, securities, and investment management firm, has called bullish outlook for oil despite ...
Saudi Arabia, Russia consider easing crude oil supply curbs
Alexander Novak, Russian energy minister, and Khalid al-Falih, Saudi counterpart Saudi Arabia and Russia are prepared to ease oil production cuts, ...
OPEC, non-OPEC members’ oil cut deal hit over 130%
The level of conformity to the Declaration of Cooperation by Organisation of Petroleum Exporting Countries (OPEC) and Non-OPEC has hit ...
IEA in talks with oil producers, consumers, pledges to ensure market remains well supplied
The International Energy Agency (IEA) says it is in discussions with oil producers and consumers amid rising oil prices, and ...
IEA cautions consumption decline as oil price advances to $80
Fatih Birol, International Energy Agency (IEA) Chief Economist The International Energy Agency (IEA) has cautioned that huge consumption decline may ...
OPEC revises global oil demand forecast to 1.65mbpd amid rising prices
OPEC has revised its forecast for global oil demand growth this year, noting that sanctions, tariffs, and the U.S. withdrawal ...
Oil prices rise as Donald Trump pulls U.S. out of Iran nuclear deal
Oil prices rose more than 2 percent on Wednesday, with Brent hitting a 3-1/2-year high, after Donald Trump, U.S. president ...
Oil prices surge above $70, highest since 2014 amid U.S.-Iran tensions
Crude prices started the week in an upbeat mood on Monday, reaching their strongest level in almost four years as ...
OPEC to hold 7th International Seminar in June 2018
The Organization of the Petroleum Exporting Countries (OPEC) has announced that it will host its 7th International Seminar at the ...
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