Trump duties force OPEC to reduce its expectations for the growth of oil demand economy
OPEC (Petroleum Exporting Countries) has reduced its expectations for the growth of global oil demand in 2025, under the influence ...
Tag: OPEC
OPEC Plus accelerates the plan to gradually raise oil production and prices are declining economy
3/4/2025-|Last update: 3/4/202505:20 PM (Mecca time)8 countries in the OPEC Plus coalition agreed today, Thursday, to move forward with the ...
Brazil agrees to join the OPEC Plus Declaration economy
The Brazilian Ministry of Energy said - today, Tuesday, that Brazil decided to adhere to what is known to announce ...
OPEC restrictions curb up to raise the production of Iraq’s oil despite the new discoveries economy
Baghdad- The developments in the oil sector in Iraq, which recently announced the discovery of a new oil field, is ...
Extending OPEC Plus production cuts raises oil prices economy
12/5/2024-|Last updated: 12/5/202408:30 PM (Mecca time)Crude oil prices rose slightly in trading today, Thursday, after OPEC Plus decided to postpone ...
Oil rises amid anticipation of OPEC meetings and the dollar declines economy
Oil prices rose during trading on Tuesday with anticipation of the results of the OPEC+ alliance meeting, while gold prices ...
Oil stabilizes with the ceasefire in Lebanon and the OPEC Plus policy economy
Oil prices stabilized during early trading on Wednesday as markets assessed the potential impact of the ceasefire agreement between Israel ...
Reuters: OPEC Plus is able to withstand the shock of Iran’s oil exit economy
A report in Reuters said that OPEC (the oil exporting countries) possesses sufficient surplus oil capacity to compensate for the ...
OPEC Plus maintains its production plans despite expectations of increased supply economy
The OPEC Plus group confirmed that it will not make any amendments to its oil production plans, despite expectations of ...
Oil continues losses, OPEC+ supply increases likely | Economy
2/9/2024-|Last update: 2/9/202402:34 PM (Makkah Time)Oil prices extended losses on Monday as investors expected OPEC+ output to rise from October ...
