OPEC

January 13, 2022

Oil rally to continue in 2022 as demand outstrips supply, analysts say

LONDON, Jan 12 (Reuters) – Oil prices that rallied 50% in 2021 will power further ahead this year, some analysts…

July 26, 2021

CAIRO, July 26 (Reuters) – The six economies in the Gulf Cooperation Council (GCC) are set to rebound and grow…

July 18, 2021

MOSCOW/DUBAI/LONDON, July 18 (Reuters) – OPEC+ ministers agreed on Sunday to boost oil supply from August to cool prices which…

July 14, 2021

DUBAI/LONDON, July 14 (Reuters) – Saudi Arabia and the United Arab Emirates have reached a compromise over OPEC+ policy, an…

July 6, 2021

LONDON, July 6 (Reuters) – Oil prices were heading towards three-year highs on Tuesday, towing petrocurrencies and bond yields with…

April 9, 2021

DUBAI (Reuters) – In order to wean Saudi Arabia off its dependency on crude the kingdom needs higher oil prices.…

April 2, 2021

NEW DELHI (Reuters) – When India’s government last month asked refiners to speed up diversification and reduce dependence on the…

March 17, 2021

NEW DELHI (Reuters) – Indian state refiners are planning to cut oil imports from Saudi Arabia by about a quarter…

March 6, 2021

LONDON (Reuters) – This week’s surprise decision by Saudi Arabia and other top oil producers to broadly stick with output…

March 4, 2021

FRANKFURT, Germany (AP) — Members of oil producer cartel OPEC and allied countries are weighing an increase in production now…