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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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Oil Market Scene Looks better than Expected As Pandemic Dust Settles
May 19th, 2020 - 11:00 GMT

Oil Market Scene Looks better than Expected As Pandemic Dust Settles

Oil Prices Surge As Demand Shows Signs of Recovery from COVID-19
May 19th, 2020 - 10:30 GMT

Oil Prices Surge As Demand Shows Signs of Recovery from COVID-19

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery
May 15th, 2020 - 06:00 GMT

Oil Prices Soar to Early April Highs As Demand Shows Signs of Recovery

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis
May 14th, 2020 - 12:00 GMT

Iran: Oil Exports Sink to Historic Low Battered by US Sanctions, COVID-19 Crisis

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter
May 14th, 2020 - 11:00 GMT

OPEC Cuts 2020 Oil Demand Outlook Again, Sees Steepest Decline This Quarter

Saudi Aramco Announces $16.7 Billion Q1 Net Income
May 13th, 2020 - 07:30 GMT

Saudi Aramco Announces $16.7 Billion Q1 Net Income

What's Behind Last Week’s Sudden Rally In Oil Prices?
May 12th, 2020 - 08:30 GMT

What's Behind Last Week’s Sudden Rally In Oil Prices?

Aramco to Reduce Oil Production for June by Extra 1 Million bpd
May 11th, 2020 - 02:00 GMT

Aramco to Reduce Oil Production for June by Extra 1 Million bpd

Opinion: Should the Capitalist US Bail out the Shale Producers?
May 11th, 2020 - 01:00 GMT

Opinion: Should the Capitalist US Bail out the Shale Producers?

Aramco Raise Crude Selling Prices Up As Demand Recovers
May 8th, 2020 - 06:00 GMT

Aramco Raises Crude Selling Prices Up As Demand Recovers

Will Saudi Arabia Emerge As Winner of Oil Price Wars?
May 7th, 2020 - 07:30 GMT

Will Saudi Arabia Emerge As Winner of Oil Price Wars?

Will COVID-19 Ravage Russia's Economy and Its Adversaries'?
May 6th, 2020 - 08:30 GMT

Will COVID-19 Ravage Russia's Economy and Its Adversaries'?

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