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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 to Meet Over New Production Cuts
September 16th, 2020 - 09:30 GMT

OPEC to Meet Over New Production Cuts

OPEC Cuts Global Oil Demand Forecasts
September 15th, 2020 - 12:30 GMT

OPEC Cuts Global Oil Demand Forecasts

OPEC Turns 60 During the Most Challenging Year for the Oil Market
September 15th, 2020 - 09:00 GMT

OPEC Turns 60 During the Most Challenging Year for the Oil Market

Oil Prices Dive to Lowest Level in Two-Months
September 9th, 2020 - 07:30 GMT

Oil Prices Dive to Lowest Level in Two-Months

Algeria Plans to Diversify Economy by Launching Islamic Insurance
September 9th, 2020 - 06:30 GMT

Algeria Plans to Diversify Economy by Launching Islamic Insurance

This Is Why Oil Prices Are Starting to Fall Again
September 6th, 2020 - 06:30 GMT

This Is Why Oil Prices Are Starting to Fall Again

Report: UAE GDP Registers First Annualized Contraction Since Q4 2017
August 31st, 2020 - 10:30 GMT

Report: UAE GDP Registers First Annualized Contraction Since Q4 2017

Aramco Assures Commitment to Expansion in China
August 25th, 2020 - 07:30 GMT

Aramco Assures Commitment to Expansion in China

Weekly Oil Recap: Brent Edge Lower After Two Weeks of Gains
August 23rd, 2020 - 06:00 GMT

Weekly Oil Recap: Brent Edge Lower After Two Weeks of Gains

OPEC+ Urges All Members to Comply with Output Cuts
August 20th, 2020 - 11:00 GMT

OPEC+ Urges All Members to Comply with Output Cuts

Saudi, Nigerian Presidents Discuss Oil Market Stability
August 20th, 2020 - 08:00 GMT

Saudi, Nigerian Presidents Discuss Oil Market Stability

Iraq Signs Agreement With Norwegian Firm to Build Oil Tankers
August 20th, 2020 - 07:30 GMT

Iraq Signs Agreement With Norwegian Firm to Build Oil Tankers

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