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Opec+

Opec+ latest

OPEC+ considers 400K barrel per day production boost
May 2nd, 2025 - 06:40 GMT
Reema Tuqan

Reema Tuqan

OPEC+ considers 400K barrel per day production boost

ALBAWABA - OPEC+, the alliance between the Organization of the Petroleum Exporting Countries (OPEC) and 10 non-OPEC oil-producing nations, is considering increasing daily oil production by approximately 400,000 barrels per day. OPEC+ wants to increase daily production According to sources, OPEC+ is discussing the final decision on boosting daily production to approximately 400,000 barrels per day in June 2025, ahead of their video conference on Saturday. Notably, Saudi Arabia and ...
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Brent crude falls below $70 for first time in 4 weeks, following Trump’s tariffs
April 4th, 2025 - 04:41 GMT
Reema Tuqan

Brent crude falls below $70 for first time in 4 weeks, following Trump’s tariffs

Oil prices surge amid US sanctions and reduced global supply
March 14th, 2025 - 08:34 GMT
Reema Tuqan

Oil prices surge amid US sanctions and reduced global supply

OPEC+ extends oil supply cuts amidst weak global demand
November 3rd, 2024 - 09:36 GMT

OPEC+ extends oil supply cuts amidst weak global demand

Saudi Arabia projects long-term deficit amid vision 2030 spending
September 30th, 2024 - 09:09 GMT

Saudi Arabia projects long-term deficit amid vision 2030 spending

OPEC states that oil demand will rise to 120M barrels per day by 2050
September 25th, 2024 - 06:11 GMT
Reema Tuqan

OPEC: Oil demand will rise to 120M barrels per day by 2050

Brent oil drops under $70 as OPEC+ extends cuts through November
September 10th, 2024 - 03:37 GMT

Brent oil drops under $70 as OPEC+ extends cuts through November

Oil declines 3.5%, hits lowest level in 8 months
August 3rd, 2024 - 08:20 GMT
Reema Tuqan

Oil declines 3.5%, hits lowest level in 8 months

Kuwait reveals massive Oil and Gas discovery on Failaka Island
July 14th, 2024 - 08:45 GMT

Kuwait reveals massive Oil and Gas discovery on Failaka Island

Iraq confirms full commitment to oil production agreement
July 14th, 2024 - 07:06 GMT
Reema Tuqan

Iraq confirms commitment to OPEC+ oil production agreement

OPEC+ to gradually reverse its production cuts, in hopes of bolstering the market
June 2nd, 2024 - 09:58 GMT

OPEC+ to gradually reverse its production cuts, in hopes of bolstering the market

Oil Production
March 3rd, 2024 - 09:31 GMT
Osama Ali

Russia declares additional cuts on oil exports and production

Oil prices up on tensions over Dead Sea shipping disruption
December 24th, 2023 - 01:29 GMT

Oil prices up on tensions over Dead Sea shipping disruption

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