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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.
Read more
Al Bawaba
February 5th, 2015 - 04:55 GMT

Reasonable or over-optimistic? Total CEO expects oil price of $60 this year

Along with low oil prices, this has prompted Tehran to sweeten the terms it offers on oil development contracts to draw the interest of foreign investors.
February 4th, 2015 - 07:43 GMT

Slipping through the UAE's backdoor: How Iran is outsmarting sanctions to sell tons of fuel

Al Bawaba
February 4th, 2015 - 08:40 GMT

Gunmen storm oil field in Libya

Al Bawaba
February 1st, 2015 - 07:55 GMT

Betting on market share: OPEC countries remain adamant about high production

Al Bawaba
January 30th, 2015 - 10:18 GMT

First it was the US and shale, but now, Saudi Arabia's toughest oil contender is emerging right next door

Al Bawaba
January 28th, 2015 - 04:55 GMT

Time for 'fiscal discipline': Saudi Aramco to renegotiate contracts, putt of projects

Al Bawaba
January 27th, 2015 - 03:05 GMT

Betting on a self-fulfilling prophecy? Oil prices may have hit floor, can rise to $200- says OPEC top chief

Al Bawaba
January 25th, 2015 - 01:12 GMT

King Abdullah's death and the 'fear premium' in Saudi oil markets

Al Bawaba
January 24th, 2015 - 03:28 GMT

Oil markets not in mourning: prices edge up above $50 over Saudi King's death

Al Bawaba
January 24th, 2015 - 10:59 GMT

A pledge to maintain output: Saudi Arabia's new King Salman keeps oil minister, policy in place

Al Bawaba
January 22nd, 2015 - 05:43 GMT

Oil prices have reached ‘bottom’ but to remain below $100 for next few years

Al Bawaba
January 21st, 2015 - 05:55 GMT

Cheap oil: the antithesis of clean energy?

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