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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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Saudi Arabia's oil minister has said he think demand and oil supply are stable
December 18th, 2012 - 11:45 GMT

Saudi oil minister: Global oil supplies steady, good demand

A top oil trader has apologised to Baghdad are buy oil from the semi-autonomous Kurdish region
December 17th, 2012 - 09:56 GMT

Oil trader says 'sorry' to Iraq over Kurdistan oil

Oman is trying to diversify and build a new private sector
December 17th, 2012 - 06:55 GMT

Oman and the private sector

Libya could be set for more oil exploration
December 12th, 2012 - 08:02 GMT

More exploration for black gold in Libya

Countries like Iran say that OPEC should bring down production as demand has come down in Western nations
December 11th, 2012 - 08:49 GMT

Watching this space: Crude oil parties await the OPEC meeting

The U.S. is expected to become energy self-sufficient in 2020, and to become an oil exporter by 2030
December 11th, 2012 - 09:35 GMT

America is already starting to play it cool with the Middle East

Pricing is an involved process, entailing price reporting agencies (most prominently Platts and Argus) in a central role
December 9th, 2012 - 07:30 GMT

What oil price?

OPec boss Abdullah Al-Badri has said that oil supply remains at comfortable levels
December 5th, 2012 - 10:33 GMT

Oil supplies comfortable, Opec boss says

Iraq need to improve its financial and legal infrastructure to attract investment, especially the financial services sector
November 25th, 2012 - 11:15 GMT

Will Iraq be the the fastest growing economy on earth?

Oil prices stable despite Middle East violence
November 15th, 2012 - 11:33 GMT

Oil prices stable despite Middle East violence

France is to release $2 billion in frozen Libyan assets
November 13th, 2012 - 12:17 GMT

Time for the thaw: France release $2 billion frozen Libyan assests

Saudi Arabia and gulf states have said that they will increase oil supply should there be a decrease if, for example, Iran close the Straight of Hormuz
November 12th, 2012 - 10:39 GMT

Saudi and Gulf states ready for oil shortages

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