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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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Russia: Central Bank to Suspend Foreign Exchange Purchases for 30 Days
March 9th, 2020 - 09:37 GMT

Russia: Central Bank to Suspend Foreign Exchange Purchases for 30 Days

COVID-19 Puts Global Markets in a Critical Condition
March 8th, 2020 - 08:21 GMT

COVID-19 Puts Global Markets in a Critical Condition

Oil Prices Nose-Dive 10 Percent As OPEC, Russia Fails to Strike A Deal
March 7th, 2020 - 01:20 GMT

Oil Prices Nose-Dive 10 Percent As OPEC, Russia Fails to Strike A Deal

Iran: Coronavirus Didn't Affect Oil, Gas Production
March 5th, 2020 - 09:01 GMT

Iran: Coronavirus Didn't Affect Oil, Gas Production

Economic Seesaw: Crude Oil Prices Plummet As Coronavirus Anxiety Rises
March 2nd, 2020 - 08:48 GMT

Economic Seesaw: Crude Oil Prices Plummet As Coronavirus Anxiety Rises

Saudi Arabia's Denial of Mulling Break from OPEC+ Sends Oil Prices Higher By 1 Percent
February 22nd, 2020 - 11:31 GMT

Saudi Arabia's Denial of Mulling Break from OPEC+ Sends Oil Prices Higher By 1 Percent

Saudi Arabia, Russia Discuss The Future of Global Oil Market
February 19th, 2020 - 10:52 GMT

Saudi Arabia, Russia Discuss The Future of Global Oil Market

Oil Demand Severely Affected by Coronavirus, Further Oil Cuts Anticipated
February 17th, 2020 - 07:20 GMT

Oil Demand Severely Affected by Coronavirus, Further Oil Cuts Anticipated

OPEC Cuts Oil Demand Drastically Due to Coronavirus
February 13th, 2020 - 06:55 GMT

OPEC Cuts Oil Demand Drastically Due to Coronavirus

Oil Up As Coronavirus Cases Slow in China Supporting Demand
February 12th, 2020 - 10:46 GMT

Oil Up As Coronavirus Cases Slow in China Supporting Demand

OPEC Recommends Additional Curbs on Oil Output As Coronavirus Saps Demand
February 9th, 2020 - 10:39 GMT

OPEC Recommends Additional Curbs on Oil Output As Coronavirus Saps Demand

Oil Prices Sink As Coronavirus Threatens Demand, Cyber-Attacks On Aramco Threaten Supply
February 9th, 2020 - 05:57 GMT

Oil Prices Sink As Coronavirus Threatens Demand, Cyber-Attacks On Aramco Threaten Supply

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