OPEC

Economy

OPEC+ sticks to oil output policy

Follow-ups -eshrag News: Wed, 2023-02-01 18:14 LONDON/DUBAI: An OPEC+ panel endorsed the oil producer group’s current output policy at a…

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Economy

Oil is ‘basically irreplaceable,’ OPEC leader tells Davos

Follow-ups -eshrag News: Thu, 2023-01-19 20:41 DAVOS: Oil is “basically irreplaceable” and will be an essential part of the global…

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Economy

OPEC says Chinese oil demand to rebound in 2023 after drop

Follow-ups -eshrag News: RIYADH: Oil prices were mixed on Tuesday after China posted its weakest annual economic growth in nearly…

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Economy

OPEC oil output rises despite production target cuts

Follow-ups -eshrag News: Saudi water reforms hand Kingdom’s economy a head start as global supply problems increase RIYADH: Reforms to…

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Saudi news

OPEC + does not politicize its decisions and focuses on market fundamentals

The Saudi Minister of Energy, Prince Abdulaziz bin Salman, said that the decision of OPEC + in the wake of…

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Economy

Saudi energy minister: OPEC+ decision turned out to be right for market stability

Follow-ups -eshrag News: Saudi stock market gains 93 points led by rekindled investor spirit: Closing bell RIYADH: Saudi Arabia’s Tadawul All Stock…

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Economy

Oil holds steady on prospect of OPEC+ output cut, weaker dollar

Follow-ups -eshrag News: NEW YORK: Oil prices settled lower on Thursday in choppy trading, rising above $90 per barrel and…

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Economy

OPEC+ has begun talks on output cut for Oct. 5 meeting, source tells Reuters

Follow-ups -eshrag News: Thu, 2022-09-29 10:54 DUBAI: Leading members of the Organization of the Petroleum Exporting Countries and its allies, known…

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Economy

Oil Updates — Crude slightly up; Iraq minister says OPEC monitoring oil prices; Qatar oil industry faces inflationary pressures

Follow-ups -eshrag News: Tue, 2022-09-27 08:28 RIYADH: Oil prices rose on Tuesday, after plunging to nine-month lows a day earlier,…

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Economy

OPEC+ supply cut essential to buoy oil prices, UBS says

Follow-ups -eshrag News: Oil Updates — Crude slightly up; Iraq minister says OPEC monitoring oil prices; Qatar oil industry faces…

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