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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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Al Bawaba
May 27th, 2015 - 11:00 GMT

Algeria reports $4.3B trade deficit due to crash in oil prices

Al Bawaba
May 18th, 2015 - 09:06 GMT

OPEC unlikely to cut output: Iran deputy oil minister

Al Bawaba
April 16th, 2015 - 08:31 GMT

Rising in the face of oversupply: Brent crude hits 2015 highs

Al Bawaba
April 15th, 2015 - 08:59 GMT

A listening ear? Saudi Arabia to discuss oil markets with Russia, Brunei

Al Bawaba
April 14th, 2015 - 04:55 GMT

Oil prices continue to sustain modest gains

Al Bawaba
April 1st, 2015 - 08:57 GMT

Saudi Arabia, Iraq key drivers: OPEC output at highest level since October

Oil futures edged lower on Wednesday amid speculation that a last-minute deal over Iran's nuclear programme would be reached that could allow more Iranian crude onto world markets.
April 1st, 2015 - 12:33 GMT

Oil prices on the edge over Iran nuclear deal

Kuwait relies on imports for the majority of its food needs and depends on the narrow shipping lane of the Strait of Hormuz for imported food supplies.
March 30th, 2015 - 12:38 GMT

Satiated appetites, nshallah: Kuwait reassures citizens on strategic food stocks

Al Bawaba
March 24th, 2015 - 07:30 GMT

Naimi is dead serious: how Saudi Arabia is winning back market share

Al Bawaba
March 23rd, 2015 - 08:48 GMT

'New level of complexity': oil wealth and Libya's power struggle

Al Bawaba
March 22nd, 2015 - 03:54 GMT

Saudi Arabia's OPEC governor says its time to say goodbye to $120 oil

Al Bawaba
March 18th, 2015 - 10:55 GMT

Outside forces? OPEC says oil prices not backed by fundamentals

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