OPEC+
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Energy
OPEC+: Algeria, Seven Countries Adjust Oil Production for Market Stability
Eight OPEC+ countries, including Algeria, have decided to adjust their oil production by increasing it by 411,000 barrels per day…
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Algeria
OPEC Marks 50 Years Since Landmark Algiers Summit
ALGIERS — The Organization of Petroleum Exporting Countries (OPEC) is commemorating the 50th anniversary of the groundbreaking Algiers Summit, the…
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Energy
OPEC Anticipates Increase in Oil Demand by 2025
OPEC continues to project an increase in oil demand for 2025 and 2026, primarily driven by transportation needs and rising…
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Economy
Oil Prices: Brent Surpasses $73
Oil prices remained stable on Thursday, influenced by bleak demand growth forecasts as well as immediate factors like China’s economic…
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Energy
OPEC+ Extends Production Cuts Until End of 2026
OPEC member countries and their allies in the OPEC+ coalition agreed on Thursday to extend oil production cuts for all…
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Energy
OPEC+ to Postpone Oil Output Increase Amid Market Challenges, Sources Say
OPEC+ is set to delay its planned increase in oil production, originally scheduled for January, according to sources familiar with…
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Economy
Oil Prices Rise Amid Middle East Tensions and OPEC+ Supply Cut Prospects
Oil prices saw a modest increase on Wednesday, driven by escalating tensions in the Middle East and the expectation that…
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Finance
OPEC+ Meeting Delay Triggers Slight Dip in Oil Prices
Oil prices experienced a slight decrease on Friday following the announcement of the postponement of the OPEC+ semiannual meeting, which…
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Energy
OPEC+: Next Ministerial Meeting Postponed to December 5
The ministerial meeting of the Organization of the Petroleum Exporting Countries and its allies (OPEC+) has been postponed from its…
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cooperation
OPEC-Russia Meeting: Importance of Stability in Oil and Energy Markets Emphasized
The significance of stability in oil and energy markets as a driver of economic growth was underscored on Friday in…
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