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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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Iraq Abides by OPEC+ Oil Cut Deal
June 10th, 2020 - 06:30 GMT

Iraq Abides by OPEC+ Oil Cut Deal

Manufacturing Holds Key to Recovery of Oil and Gas Markets, Revealed at This Week's ADIPEC Energy Dialogue
June 9th, 2020 - 11:56 GMT

Manufacturing Holds Key to Recovery of Oil and Gas Markets, Revealed at This Week's ADIPEC Energy Dialogue

Oil Prices Rise As OPEC+ Extend Output Deal for Another Month
June 8th, 2020 - 11:30 GMT

Oil Prices Rise As OPEC+ Extend Output Deal for Another Month

Oil Market Shows Signs of Recovery Despite Extending Output Cuts
June 7th, 2020 - 12:00 GMT

Oil Market Shows Signs of Recovery Despite Extending Output Cuts

OPEC Expected to Extend Production Cut Deal for Additional Month
June 7th, 2020 - 07:00 GMT

OPEC Expected to Extend Production Cut Deal for Additional Month

Brent Oil Price Above $40 a Barrel As Hopes Rise for Production Cuts
June 3rd, 2020 - 01:30 GMT

Brent Oil Price Above $40 a Barrel As Hopes Rise for Production Cuts

Oil Soars Amid Optimism On New Output Cuts Deal
June 2nd, 2020 - 08:00 GMT

Oil Soars Amid Optimism On New Output Cuts Deal

Oil Prices Close Out May with Record Monthly Gains
May 31st, 2020 - 06:30 GMT

Oil Prices Close Out May with Record Monthly Gains

OPEC+ Members Mull Extending Oil Supply Cuts Until End of 2020
May 30th, 2020 - 07:00 GMT

OPEC+ Members Mull Extending Oil Supply Cuts Until End of 2020

US Oil Stocks Jump Much Higher than Expected
May 29th, 2020 - 03:00 GMT

US Oil Stocks Jump Much Higher than Expected

Oil Prices Continue Rising on Supply Cut Hopes
May 27th, 2020 - 07:30 GMT

Oil Prices Continue Rising on Supply Cut Hopes

Kuwait, Saudi Arabia to Halt Oil Production in Joint Field
May 20th, 2020 - 10:00 GMT

Kuwait, Saudi Arabia to Halt Oil Production in Joint Field

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