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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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Asian oil importers are lobbying European officials, who are expected to meet on the issue in mid-May, for exemptions to the sanctions
April 25th, 2012 - 12:42 GMT

Iran plans to expand oil tanker fleet ahead of sanctions

Al Bawaba
April 16th, 2012 - 11:10 GMT

Oil falls to $102 per barrel

The Gulf is showing its determination to become a leader in renewable energy
April 15th, 2012 - 01:11 GMT

Energy demand to increase by 40%

Iranian FM
April 11th, 2012 - 02:22 GMT

Iran stops oil sales to Germany

Plans to re-open the country’s first oilfield, Dammam, which could add an extra 40,000 bpd are still under study
April 5th, 2012 - 01:21 GMT

KSA aims to pump record oil

Emerging Markets will lead the global expansion
April 5th, 2012 - 08:20 GMT

Global economy faces three key risks in 2012

Rising oil prices have helped underpin expansionary spending by many GCC states
April 3rd, 2012 - 08:56 GMT

Oil prices lift GCC but risks remain

Oil balances continue to remain constructive even at current price levels with the latest demand data
March 27th, 2012 - 04:28 GMT

Weakened crude oil demand raises concerns about global growth

The Kingdom is expected to continue to increase output in the coming months
March 25th, 2012 - 07:56 GMT

Why is Saudi sending so much oil to the US this month and next, and is this a danger for oil prices?

There is no dearth or shortage of crude in the market, everyone agrees
March 20th, 2012 - 11:39 GMT

Oil scene: Fuel market confusion

In February, the biggest increase in OPEC supply once again came from Libya
March 11th, 2012 - 01:46 GMT

OPEC oil output rises to over 3-year high

Much of the surplus funds would be deployed in developmental projects
February 29th, 2012 - 06:51 GMT

Oil windfall boosts Gulf spending

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