OPEC+ Extends Oil Production Cut Agreement Until 2025
The OPEC+ alliance has agreed to extend the current oil production cut agreement until the end of 2025, aiming to ...
Tag: OPEC
Oil Prices Stable as OPEC Sticks to Demand Growth Outlook
Oil prices remained largely unchanged on Tuesday as the Organization of the Petroleum Exporting Countries (OPEC) upheld its projections for ...
OPEC Fund Supports 55 Development Projects with $1.7 Billion
The OPEC Fund for International Development, known as the OPEC Fund, increased its new development commitments to $1.7 billion last ...
France Criticizes OPEC’s Call to Reject Fossil Fuel Deal at Cop28
France's Energy Minister Agnes Pannier-Runacher said she was "stunned" after the oil cartel OPEC urged its members to thwart any ...
OPEC Highlights Green Initiatives at COP28
The Organization of the Petroleum Exporting Countries (OPEC) is set to participate in the United Nations Climate Conference, COP28, which ...
OPEC+ Cuts Oil Supplies to US
Data and analysts indicate a steady decline in US sea-borne crude oil imports from OPEC+ alliance members, including Saudi Arabia, ...
OPEC to Increase Oil Production by 305%
In a noteworthy development, OPEC member states witnessed a substantial surge in oil production last month, marking a remarkable increase ...
Saudi Arabia Continues to Support OPEC
In a recent announcement, the Saudi cabinet reaffirmed the nation's commitment to bolstering the preventative efforts spearheaded by the OPEC+ ...
