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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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Al Bawaba
January 18th, 2016 - 02:30 GMT

Iran to increase oil production by 500,000 bpd following sanctions lift

Al Bawaba
January 17th, 2016 - 02:00 GMT

Beyond the barrel: UAE ministerial retreat to mull alternatives to oil income

Al Bawaba
January 10th, 2016 - 05:08 GMT

Middle East tensions fail to drive up oil prices

Al Bawaba
December 28th, 2015 - 09:59 GMT

OPEC forecasts 47 percent rise in global energy demand by 2040

Al Bawaba
December 21st, 2015 - 02:00 GMT

Russian oil exports to Asia make a dent in market share battle with OPEC

Al Bawaba
December 8th, 2015 - 07:30 GMT

A method to their madness? Oil prices sink after OPEC meeting

Oil-dependent Kuwait has suffered from the 17 months of declining oil prices. (Al Bawaba/File)
November 30th, 2015 - 12:55 GMT

Kuwait replaces oil minister amidst falling prices

Though GCC governments depend heavily on oil revenue, declining oil prices are pressuring them to diversify their sources of revenue. (Al Bawaba/File)
November 24th, 2015 - 12:03 GMT

Building strain of falling oil prices may accelerate GCC reforms

Al Bawaba
November 19th, 2015 - 01:30 GMT

UAE optimistic about $60 oil price by 2016, defends OPEC's position not to cut production

Al Bawaba
November 15th, 2015 - 09:00 GMT

Russia, Iran and OPEC battle for European oil market share

Al Bawaba
November 10th, 2015 - 05:00 GMT

Oman to cut costs in response to low oil prices

Al Bawaba
November 10th, 2015 - 05:08 GMT

Oil production and prices in the spotlight at ADIPEC

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