OPEC | Egypt Oil & Gas - Part 2
OPEC+ Eyes Pause in Oil Output Hikes After September
OPEC+ is expected to pause its planned oil production increases for three months starting in October after completing the scheduled return of barrels to the market in September, Reuters reported, citing sources famili...
Iraq PM Presses for Fair OPEC Share Amid Washington Investment Push
Iraq’s Prime Minister Ali al‑Zaidi said on Tuesday that the country must secure a fair share within the Organization of the Petroleum Exporting Countries (OPEC), responding to reporters who asked whether Baghdad was w...
OPEC Cuts 2026 Global Oil Demand Growth Forecast for Third Straight Month
The Organization of the Petroleum Exporting Countries (OPEC) lowered its forecast for global oil demand growth in 2026 to 780,000 barrels per day (bbl/d), marking the third consecutive downward revision, according to ... OPEC+ Approves 188,000 bbl/d Output Increase for August 2026
Seven core members of OPEC+ have agreed to implement a crude oil production adjustment of 188,000 barrels per day (bbl/d) for August 2026, according to a release by the Organization of the Petroleum Exporting Countrie...
Iraq, OPEC Begin Gradual Restoration of Oil Production Quotas
Iraq’s Ministry of Oil stated that the Organization of the Petroleum Exporting Countries (OPEC) and its allies have begun gradually restoring Iraq’s production quotas, particularly the voluntary cuts, as p... OPEC+ Raises Output Targets Amid Strait of Hormuz Crisis
OPEC+ approved a fourth consecutive hike in its oil output targets, even as the ongoing US conflict with Iran continues to block several member states from raising production, Reuters reported. The war has stopped oil... OPEC+ Set to Approve Further Output Hike for July Despite Ongoing Supply Disruptions
OPEC+ oil-producing countries are expected to approve an additional increase in their production target for July during their upcoming meeting on Sunday, three sources told Reuters, even as geopolitical tensions and s...
OPEC Cuts 2026 Oil Demand Forecast Amid Strait of Hormuz Closure
The Organisation of Petroleum Exporting Countries (OPEC) reduced its forecast for global oil demand growth in 2026, citing the impact of the ongoing war in Iran, which has effectively closed the Strait of Hormuz, a c... 
