Browsing: OPEC
OPEC and its allies, collectively known as OPEC+, have significantly reduced their market share to a historic low by implementing…
Goldman Sachs, a leading financial institution, remains confident that the Organization of the Petroleum Exporting Countries (OPEC) will play a…
The U.S. crude-oil benchmark is poised to reach the $90-a-barrel threshold for the first time since November, driven by ongoing…
The Organization of the Petroleum Exporting Countries and its allies have pushed for a small production increase, despite the expected…
OPEC expects Russia’s invasion of Ukraine to curtail both the global oil and supply, signaling little need for the group…
Russian oil exports are vital to global supply and there is no source that can cover for the millions of…
The Organization of the Petroleum Exporting Countries and its allies in their latest meeting decided to implement a gradual output…
OPEC and its allies agreed to restore more halted production as the forecast for global oil markets improved, despite the…
Omicron’s variant emergence will allow the global oil supply to surpass the rate of consumption, easing supply tightness in the…
OPEC on Monday upgraded its global oil demand forecast for the first quarter of 2022 but let its full-year growth…
The Organization of the Petroleum Exporting Countries has scaled down its global oil demand forecast for the last three months…
The stalled talks of the Organization of the Petroleum Exporting Countries and its allies could bring about a supply deficit…