OPEC+
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Economy
Oil: Global Demand to Keep Rising in 2027, Says OPEC
The Organization of the Petroleum Exporting Countries (OPEC), in a report released on Wednesday, said that the global oil demand…
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Africa
Africa: OPEC Fund and AfDB Commit USD 2 Billion for the Continent’s Development
The OPEC Fund for International Development (the OPEC Fund) has announced a co-financing commitment of up to USD 2 billion…
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Energy
OPEC+: JMMC Notes “High Level” Of Compliance with Production Cuts
The Joint Ministerial Monitoring Committee (JMMC) of OPEC and its partners (OPEC+) stressed on Wednesday that the “vast majority” of…
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Algeria
OPEC+: Algerian Minister of Hydrocarbons and Mines Participates in 62nd JMMC Meeting
Algerian Minister of State, Minister, Mohamed Arkab, took part on Wednesday via videoconference in the 62nd meeting of the Joint…
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Energy
Global Oil Supply Hit Record High in August: IEA
Global oil supply hit a record high in August as OPEC+ and other countries ramped up production, with a looming…
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Energy
Oil Prices Rebound on Modest OPEC+ Output Hike and Threat of New Russia Sanctions
Oil prices rose by more than $1 on Monday, recovering part of last week’s losses, as traders weighed the modest…
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Energy
Algerian Petroleum Institute Wins OPEC’s Best Energy Research Institute Award for 2025
ALGIERS – The Algerian Petroleum Institute (IAP), subsidiary of Sonatrach Group, won on Wednesday OPEC’s award for the best energy…
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Algeria
Algeria Participates in 9th OPEC International Seminar
VIENNA- Algeria is taking part in the 9th OPEC International Seminar, held on 9-10 July in Vienna, Austria, under the…
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Energy
Algerian Energy Minister to Take Part in OPEC and OPEC+ Ministerial Meetings
ALGIERS- The Algerian minister of State, minister of Energy, Mines and Renewable Energy, Mohamed Arkab, will take part Wednesday, via…
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Economy
Easing Trade Tensions Slightly Lift Oil Demand Outlook: IEA
Global oil demand is expected to grow a hair higher than previously forecast this year as trade tensions have eased…
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