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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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Oil Futures Rises For Second Day As OPEC+ Weighs Coronavirus Action
February 6th, 2020 - 01:16 GMT

Oil Futures Rises For Second Day As OPEC+ Weighs Coronavirus Action

Oil Prices Surge Hoping OPEC Slashes Production
February 5th, 2020 - 01:18 GMT

Oil Prices Surge Hoping OPEC Slashes Production

Iraq Supports Any Opec Agreement To Stabilize Oil Market, Watches Coronavirus Impact On Demand
February 5th, 2020 - 06:24 GMT

Iraq Supports Any Opec Agreement To Stabilize Oil Market, Watches Coronavirus Impact On Demand

Iran: OPEC Should Reassure The Worried Market
February 4th, 2020 - 11:20 GMT

Iran: OPEC Should Reassure The Worried Market

The Snowball Effect of Coronavirus on Global Economy
February 4th, 2020 - 10:07 GMT

The Snowball Effect of Coronavirus on Global Economy

OPEC May Meet Early As Oil Prices Plummet Due To Coronavirus Concerns
February 2nd, 2020 - 08:19 GMT

OPEC May Meet Early As Oil Prices Plummet Due To Coronavirus Concerns

S-Oil To Supply $2.66 Billion Worth Of Oil Products To Aramco
January 30th, 2020 - 10:40 GMT

S-Oil To Supply $2.66 Billion Worth Of Oil Products To Aramco

US Sanctions Blocks Iran's Access To $5 Billion Energy Money In Iraq
January 30th, 2020 - 06:15 GMT

US Sanctions Blocks Iran's Access To $5 Billion Energy Money In Iraq

IMF Rushes Kuwait To Introduce Economic Reform Measures
January 28th, 2020 - 01:22 GMT

IMF Rushes Kuwait To Introduce Economic Reform Measures

Oil In Downward Spiral Despite OPEC+ Forecast
January 26th, 2020 - 05:45 GMT

Oil In Downward Spiral Despite OPEC+ Forecast

Oil Prices Soar As Two Major Oilfields ShutDown in Libya
January 21st, 2020 - 09:12 GMT

Oil Prices Soar As Two Major Oilfields ShutDown in Libya

Opec Reduced Oil Production By 6.3 Percent In 2019
January 20th, 2020 - 07:39 GMT

Opec Reduced Oil Production By 6.3 Percent In 2019

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