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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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A photo taken on September 6, 2017 shows the Hotel Mercure in Marigot, near the Bay of Nettle, on the French Collectivity of Saint Martin, during the passage of Hurricane Irma. (AFP / LIONEL CHAMOISEAU)
September 11th, 2017 - 10:57 GMT

US Hurricanes Affecting Oil Prices, Saudi Could Cut Output

Opec and other producers led by Russia and  Saudi Arabia are cutting oil output until the end of March 2018. (AFP/ File)
September 6th, 2017 - 11:29 GMT

Saudi Arabia, Russia Mull Opec Deal Extension as Oil Prices Stabilize

Libyan forces. (AFP)
August 21st, 2017 - 07:49 GMT

Shell Loads First Load of Cargo Containing Oil From Libya in 5 Years

Saudi Energy Minister Khalid al-Falih (R) and Iraqi Oil Minister Jabbar al-Luaybi hold a joint press conference in the Saudi Red Sea resort. (AFP)
August 15th, 2017 - 06:59 GMT

Iraq and Saudi Arabia Establish Trade Deal As Part of Renewal of Diplomatic Relations

Kuwait’s oil minister Essam Al-Marzouq says deeper cuts are a possibility for OPEC and non-OPEC countries. (Yasser Al Zayyat/ AFP)
July 24th, 2017 - 10:24 GMT

What to Expect From Today's OPEC, Non-OPEC Meeting?

Economic growth this year for Saudi Arabia is forecast to be around 0.1 percent. (File photo)
July 23rd, 2017 - 09:30 GMT

Saudi Arabia's 2017 Growth Forecast 'Close to Zero': IMF

An Austrian soldier stands guard outside the OPEC headquarters in Vienna on November 29, 2016. (AFP/ File)
July 19th, 2017 - 11:43 GMT

OPEC Appoints Saudi Al-Qahtani as New Director of Research

Customers in the UAE might find their borrowing costs rising soon. (Pixabay)
July 18th, 2017 - 03:29 GMT

Getting a Mortgage or Car Loan Soon in UAE? Do It Now!

A rebel fighter stands at a roundabout in the center of town in Ajdabiya, Libya on March 15, 2011. (Roberto Schmidt/ AFP)
July 13th, 2017 - 07:00 GMT

What OPEC Can Do About Added Oil Production From Libya, Nigeria

An Aramco oil facility in Saudi Arabia. (Hassan Ammar/ AFP)
July 11th, 2017 - 10:30 GMT

Saudi Aramco to Spend $300 Billion as CEO Frets About Oil Supplies: Bloomberg

A fall in oil exports from OPEC countries will lead to a rise in prices. (File photo)
July 4th, 2017 - 11:01 GMT

Oil Prices to Rebound in July as OPEC Exports Fall: Analysts

Mcdonald's in Khobar, Saudi Arabia (Wikimedia Commons)
June 24th, 2017 - 05:06 GMT

Loyalty Card: McDonald’s Pledges Allegiance to New Saudi Crown Prince

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