The United Arab Emirates (UAE) is committed to the full implementation of the oil production cut agreement with the Organization of the Petroleum Exporting Countries (OPEC) and its allies OPEC+, Amwal Alghad reported ...
The Organization of the Petroleum Exporting Countries (OPEC) and its allies may prolong the production cut agreement as the market is still oversupplied, Pipeline Oil and Gas Magazine reported. “In analyzing current o...
The Gulf members of the Organization of the Petroleum Exporting Countries (OPEC) plan to meet the oil market demand in case of a supply shortage, according to OPEC sources, Reuters reported. “The question is how fast ...
Algeria has reduced its oil output by around 24,000 to 25,000 barrels per day (b/d) starting from January 1 according to The Organization of Petroleum Exporting Countries (OPEC) and non-OPEC agreement, state-controlle...
The Organization of Petroleum Exporting Countries (OPEC) plans to determine the oil output quotas for its members and its allies to strengthen the crude price, Mohammad Barkindo, OPEC’s Secretary-General, said in a le...
The Organization of Petroleum Exporting Countries (OPEC) showed that Nigeria’s crude oil output rose by 280,700b/d to 1.385mb/d in September, Oil Price reported. Yet, Nigeria is unable to claim its position as Africa’...
The state oil giant Saudi Aramco cancelled a rare offering of prompt cargoes to buyers in Asia, after the Organization of Petroleum Exporting Countries (OPEC) reached a deal to cut output late September, reported Reut...