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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
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December 31st, 2014 - 05:28 GMT

2014's dramatic farewell: Oil heads for biggest annual drop since 2008

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December 31st, 2014 - 04:55 GMT

Forget Saudi Arabia for a moment, Algeria will be posting an even bigger deficit due to plunging oil prices

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December 30th, 2014 - 02:00 GMT

The world oil market vis-a-vis Saudi Arabia's 'hard-headedness': where to?

Al Bawaba
December 29th, 2014 - 09:04 GMT

When it comes to increasing the price of oil, who will make the first move?

Al Bawaba
December 22nd, 2014 - 03:34 GMT

Saudi Oil Chief spills! Shoots down conspiracy theories on oil prices

Al Bawaba
December 19th, 2014 - 12:38 GMT

What's its secret? Kuwait sustains non-oil growth for two years

He also said OPEC would need to see how badly the market was oversupplied and for signs of demand picking up.
December 17th, 2014 - 06:18 GMT

Playing with oil? OPEC signals 'wait and see' approach could last a year

Al Bawaba
December 15th, 2014 - 06:55 GMT

Slow and ‘stubborn’ wins the race? UAE minister says OPEC won’t change output even if oil hits $40

Al Bawaba
December 15th, 2014 - 03:26 GMT

Perfect timing for some? Libya's largest oil port shuts down

Dubai’s stock market was the world’s best performing this year until it was caught up in a regional sell off amid tumbling oil prices.
December 15th, 2014 - 03:16 GMT

2014's gains officially erased by oil: Dubai index no longer world's best performing

Al Bawaba
December 14th, 2014 - 06:17 GMT

Keeping up the fight for market share? Saudi oil production inches up in November

Al Bawaba
December 14th, 2014 - 05:55 GMT

Some grace, please: Iraq asks Kuwait to accept delay in 1990 war reparations

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