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Organization of Petroleum-Exporting Countries

Organization of Petroleum-Exporting Countries latest

OPEC compliance with the agreed cuts stood at 94 percent, while non-OPEC was at 51 percent in February, the International Energy Agency (IEA) said. (Shutterstock)
March 31st, 2019 - 07:59 GMT

Oil Prices Report Biggest Quarterly Rise in a Decade

OPEC compliance with the agreed cuts stood at 94 percent, while non-OPEC was at 51 percent in February, the International Energy Agency (IEA) said.
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Kuwaiti Parliament (Getty/AFP)
May 14th, 2013 - 10:53 GMT

Political instability halts development projects in Kuwait

The Organization of the Petroleum Exporting Countries’
May 13th, 2013 - 01:10 GMT

OPEC crude output rebounds from lowest in more than 12 months

Country will be “lucky to go past” its current oil production of about 9 mbpd by 2020
May 13th, 2013 - 09:09 GMT

Saudi Arabia to maintain its current oil production capacity

The price of OPEC's daily basket edged upward in Monday's trading
April 30th, 2013 - 10:35 GMT

OPEC daily basket price edges up on Monday

Opec dropped individual allocations in 2011 when it adopted a 30-mbpd output target
April 29th, 2013 - 07:11 GMT

Libya pushing for bigger role in OPEC

Egypt's fuel subsidy changes are not stalling the long-awaited IMF deal, according to the country's petroleum minister
April 28th, 2013 - 09:49 GMT

Energy subsidy reform not stalling Egypt's IMF deal - Minister

Iran considers the logical price of crude to be around $100 to $120 a barrel
April 24th, 2013 - 12:47 GMT

Iran in talks with OPEC members to maintain oil price around $100

Iran is owed billions in oil revenues which customers who have been unable to pay because of sanctions imposed on the Islamic republic
April 23rd, 2013 - 08:53 GMT

Iran is owed billions in oil revenues

Jordan’s economy grew by 2.7 per cent in 2012, according to official figures
April 17th, 2013 - 10:57 GMT

IMF expects Jordan's inflation to hit almost six per cent

The International Monetary Fund
April 17th, 2013 - 07:21 GMT

IMF slashes global growth forecast

As demand for oil eased, prices dropped
April 14th, 2013 - 08:47 GMT

Oil prices hit nine-month low

OPEC is expecting lower oil demand this year
April 11th, 2013 - 09:13 GMT

OPEC cuts oil demand forecast as global bodies lower predictions

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