OPEC
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UAE exit weakens OPEC+ power over oil market but group to stay together
OPEC and its allies will lose some of their power over the oil market when the United Arab Emirates leaves the group on May 1, but the rest of the…
OPEC plans no immediate action after Iran urges Israel oil embargo, sources say
By Elwely Elwelly and Ahmad Ghaddar DUBAI/LONDON, Oct 18 (Reuters) - OPEC is not planning to hold an extraordinary meeting or take…
OPEC optimistic on demand, calls for more oil and gas investment
ABU DHABI, Oct 2 (Reuters) - OPEC is optimistic on demand and sees under-investment as a risk to energy security, Secretary General…
OPEC+ unlikely to agree bigger oil cuts on Sunday, sources say
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA, June 2 (Reuters) - OPEC and its allies are unlikely to decide…
OPEC+ agrees no change to oil policy – sources
LONDON/DUBAI, Dec 4 (Reuters) - OPEC+ agreed to stick to its oil output targets at a meeting on Sunday, two OPEC+ sources…
Oil rises on prospect of OPEC supply cut, demand growth
Aug 29 (Reuters) - Oil prices rose 1% on Monday, as expectations that OPEC would cut output if needed to support prices,…
UPDATED: OPEC+ agrees to raise September output target by 100,000 bpd – source
LONDON, Aug 3 (Reuters) - OPEC+ has agreed to raise its September oil output targets by 100,000 barrels per day, an OPEC+…
OPEC’s Secretary-General Barkindo dies
ABUJA, July 6 (Reuters) - OPEC's Secretary-General Mohammad Barkindo has died, Mele Kyari, the chief executive of Nigerian National Petroleum Corp said…
Oil headed for 3% weekly fall on emergency stocks release
MELBOURNE/BEIJING, April 8 (Reuters) - Oil prices drifted lower on Friday and were set to drop around 3% for the week as…
OPEC officials tell EU of unease about proposed ban on Russian oil, sources say
LONDON, March 24 (Reuters) - OPEC officials believe a possible European Union ban on oil from its partner Russia over the invasion…