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OPEC

OPEC latest

Iraqi oil field worker in Basra
June 25th, 2026 - 12:14 GMT
P. Choiaqo

P. Choiaqo

Iraq rethinking its OPEC membership due to oil production limits

ALBAWABA - In a Reuters exclusive report: Iraq, one of the founding members of OPEC, is now considering leaving the organization after Strait of Hormuz disruptions and limited oil production quotes hit the county hard. “Saudi Arabia and ​other OPEC allies should treat this matter with the utmost seriousness. Failing that, Iraq will be compelled to consider all available options,” a senior Iraqi oil ⁠ministry official told Reuters. Iraq’s economy ...
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OPEC+ Jan Meeting: To Raise Production Or Not To Raise? That's The Question
January 3rd, 2021 - 08:30 GMT

OPEC+ Jan Meeting: To Raise Production Or Not To Raise? That's The Question

Aviation, Oil Industries Showing Symptoms of COVID-19 New Strain
December 22nd, 2020 - 10:30 GMT

Aviation, Oil Industries Showing Symptoms of COVID-19 New Strain

Saudi Arabia, Russia to Continue Working on Balancing the Oil Market
December 21st, 2020 - 11:30 GMT

Saudi Arabia, Russia to Continue Working on Balancing the Oil Market

The History of Oil Exploration in Sudan: How It All Started
December 17th, 2020 - 07:47 GMT

The History of Oil Exploration in Sudan: How It All Started

IEA: COVID Vaccine Impact on Global Oil Demand Is Months Away
December 16th, 2020 - 09:05 GMT

IEA: COVID Vaccine Impact on Global Oil Demand Is Months Away

All You Need to Know About OPEC+ Last Meeting
December 9th, 2020 - 09:30 GMT

All You Need to Know About OPEC+ Last Meeting

Libya: Oil Exports Surge to $700.4 Million in November
December 7th, 2020 - 03:00 GMT

Libya: Oil Exports Surge to $700.4 Million in November

OPEC Increases Oil Output by 750,000 bpd in November
December 1st, 2020 - 09:30 GMT

OPEC Increases Oil Output by 750,000 bpd in November

Brent Crude Hits Highest Level in 8 Months
November 30th, 2020 - 01:00 GMT

Brent Crude Hits Highest Level in 8 Months

Iranian President: Economy Progressing Despite US Sanctions
November 18th, 2020 - 08:00 GMT

Iranian President: Economy Progressing Despite US Sanctions

Big Decisions Awaits OPEC+ Ahead As Oil Prices Soar on Vaccine Hopes
November 17th, 2020 - 02:00 GMT

Big Decisions Awaits OPEC+ Ahead As Oil Prices Soar on Vaccine Hopes

Oil Prices Down, While Libya Ramps up Production
October 25th, 2020 - 07:30 GMT

Oil Prices Down, While Libya Ramps up Production

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