The Secretary General of the Petroleum Exporting Countries Organization (OEPEC), Haitham Al Ghais, said that the OPEC is recently expected that the energy demand will increase and it will reach to its levels as be ...
The Minister of Petroleum and Mineral Resources, Tarek El Molla, has underlined the significant role of the Petroleum Exporting Countries Organization (OPEC) in boosting the international cooperation and taking in ...
OPEC President and Equatorial Guinean Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima, in his capacity as President of the Council of Ministers of the GECF 2023, has participated in the launch of the ...
OPEC forecasted that China's COVID-19 restrictions would be relaxed this year, which will boost global growth. The organization also sounded optimistic about the prospects for the global economy in 2023, Reuters r ...
Given the market uncertainty, OPEC and its allies must continue to be proactive, according to the Saudi Arabian oil minister.
Equatorial Guinea's Minister of Mines and Hydrocarbons Gabriel Mbaga Obiang Lima will take over the presidency of the Organization of Petroleum Exporting Countries (OPEC) in 2023.
Minister of Petroleum and Mineral Resources Tarek El Molla met with OPEC Secretary General Haitham Al Ghais to discuss the developments in energy markets in light of the many global challenges the international co ...
For the fourth time since April, OPEC reduced its projection for the rise in global oil demand in 2022 and lowered its estimate for the following year, citing weakening economies, the revival of China's COVID-19 c ...
Several people with knowledge of the situation said on Monday that Saudi Aramco has informed at least seven customers in Asia that they will get full contract volumes of crude oil in November before the peak winte ...
According to OPEC sources, OPEC+ may consider reducing oil production by more than 1 million barrels per day the following week in order to address the weakness in oil market. This would be the largest action take ...
