Organization of the Petroleum Exporting Countries

  • OPEC Slashes Oil Demand Forecast by 9.1%

    OPEC Slashes Oil Demand Forecast by 9.1%

    Thursday, 14th May 2020

    The Organization of the Petroleum Exporting Countries (OPEC) has dramatically cut its expected forecast for global oil demand this year, citing that this upcoming quarter will see the steepest decline.

  • Petrojet Discusses Cooperation with Rosetti Marino

    Petrojet Discusses Cooperation with Rosetti Marino

    Thursday, 10th August 2017
    The head of Petrojet, Salah Ismail, met with the CEO of Rosetti Marino, Oscar Guerra, to discuss joint cooperation.
  • More Oil Moved through Suez Canal

    More Oil Moved through Suez Canal

    Monday, 30th January 2017
    The movement of vessels carrying oil and petroleum derivatives through the Suez Canal has increased by 36% from 6.8m tons in December 2015 to reach 9.3m tons in December 2016.
  • Saudi Arabia, Algeria Talked Output Freeze

    Saudi Arabia, Algeria Talked Output Freeze

    Sunday, 13th November 2016
    The Saudi Energy Minister was in Algiers for talks with his Algerian counterpart on the Organization of the Petroleum Exporting Countries (OPEC) policy and agreeing there should be a new date for technical committee talks.
  • Platts: OPEC Pumps 29.27 MMbpd in Dec

    Platts: OPEC Pumps 29.27 MMbpd in Dec

    Wednesday, 12th January 2011
    The 12-member Organization of the Petroleum Exporting Countries' (OPEC) crude oil production averaged 29.27 million barrels per day (b/d) in December, up 170,000 b/d from an estimated 29.1 million b/d in November, according to a just-released Platts survey of OPEC and oil industry officials and analysts.