Organization of the Petroleum Exporting Countries – OPEC
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Crude will shed 20% of its value this year, Oleg Deripaska warns Russian businessman Oleg Deripaska. © Sputnik/Alexey Maishev Global…
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The African country has quit the cartel after 16 years of membership © Getty Images / William_Potter Several members of OPEC…
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Brazil will become part of the alliance of major crude exporters in January, the country’s energy minister has revealed …
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The voluntary reductions are intended to stabilize falling crude prices © Getty Images / Bloomberg Creative The OPEC+ group of major…
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Iraq’s prime minister has reportedly warned that the Israel-Hamas war could lead to disruptions in crude exports Iraqi Prime Minister…
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Iraq’s prime minister has reportedly warned that the Israel-Hamas war could lead to disruptions in crude exports Iraqi Prime Minister…
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The spike of nearly 30% is attributed to tight demand recorded from July through September © Getty Images / Jake Wyman…
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Crude prices have soared following the extension of output cuts by top OPEC+ producers Saudi Arabia and Russia Saudi Aramco…
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The voluntary reduction of one million barrels per day will be in place for an additional month to include September…
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Output was reportedly down 900,000 barrels a day in July © Getty Images / grandriver OPEC’s oil production plunged by the…