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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 prices slip on US, China data, demand concerns
July 10th, 2023 - 08:58 GMT

Oil prices slip on US, China data, demand concerns

Oil prices up, stocks halt on supply, economy concerns
July 4th, 2023 - 12:53 GMT

Oil prices up, stocks halt on supply, economy concerns

Oil prices up on possible turmoil in Russia
June 26th, 2023 - 09:47 GMT

Oil prices up on possible turmoil in Russia

Oil prices slip, demand concerns outweigh Saudi output cut
June 8th, 2023 - 09:41 GMT

Oil prices slip, demand concerns outweigh Saudi output cut

Oil prices slip despite Saudi’s July output cut
June 6th, 2023 - 08:25 GMT

Oil prices slip despite Saudi’s July output cut

Oil prices up on Saudi output cut in July
June 5th, 2023 - 07:27 GMT

Oil prices up on Saudi output cut in July

Oil prices up on US debt deal, jobs data
June 4th, 2023 - 11:20 GMT

Oil prices up on US debt deal, jobs data

Discretion surrounds OPEC+ meeting
June 4th, 2023 - 10:12 GMT

Discretion surrounds OPEC+ oil policy meeting

Oil prices drop on OPEC+, US debt ceiling deal uncertainty
May 30th, 2023 - 09:26 GMT

Oil prices drop on OPEC+, US debt ceiling deal uncertainty

Oil prices rise on higher demand, tighter supply
May 23rd, 2023 - 09:14 GMT

Oil prices rise on higher demand, tighter supply

Oil prices slipped on Monday to $74.85 and $70.96 per barrel of Brent and West Texas Intermediate (WTI) crudes, respectively
May 22nd, 2023 - 09:38 GMT

Stuck in OPEC+’ trap, oil prices fall again

Oil prices rise slightly after 4-week decline
May 15th, 2023 - 12:04 GMT

Oil prices rise slightly after 4-week decline

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