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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 Aramco says that its proven crude oil reserves have fallen to the lowest level in eight years
September 24th, 2012 - 10:43 GMT

Proven oil reserves in Saudi Kingdom fall to lowest levels since 2004

Following  anti-US protests, Arab Spring economies face a struggle as investment grinds to a dramatic halt
September 19th, 2012 - 09:26 GMT

Arab Spring economies face difficulties in the wake of anti-US protests

Oil industry consensus on prices is a fallacy, according to a report
September 17th, 2012 - 08:17 GMT

Oil industry consensus is a fallacy, says Report in to crude oil prices

Iraqi oil industry highlights political instability of the country, and the impunity with which companies can operate
September 17th, 2012 - 08:00 GMT

Iraq's policitcal instability being exploited by foreign oil firms

Al Bawaba
September 16th, 2012 - 08:53 GMT

Business conditions improve in Saudi Arabia, GDP to retain strong growth rates

Opec is confident over the supply of crude oil, but predicts a slowdown in 2013
September 12th, 2012 - 10:05 GMT

Crude oil supplies "abundant" according to Opec, but predicted slowdown could be deeper than feared

Saudi Arabia's oil minister says the supply and demand of the global economy doesn't justify current oil prices
September 11th, 2012 - 07:50 GMT

Adam Smith would not be pleased: High oil prices not justified, according to Saudi Arabia

Record breaking August for Iraqi oil product
September 10th, 2012 - 11:40 GMT

Iraq is now OPECs second largest producer: Highest output for 30 years

Iraq is now the second largest oil producing country within the Organization of the Petroleum Exporting Countries and third in oil reserves.
September 6th, 2012 - 01:08 GMT

Kurdish Iraq gets the lion's share while Baghdad loses out on oil profits

Ahmadinejad
September 5th, 2012 - 08:46 GMT

Ahmadinejad admits problems in oil exports

Some oil majors have begun signing deals with Iraq’s autonomous Kurdistan region
September 4th, 2012 - 02:05 GMT

In the pipeline: Iraqi construction delays put Shell’s Majnoon under threat

Oil refinery pump
September 3rd, 2012 - 10:25 GMT

Potential oil price dips as UAE boosts its production

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