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OPEC
Basrah crude oil prices rise by over $4 in April
Shafaq News/ On Thursday, the Organization of the Petroleum Exporting Countries (OPEC) announced that Basrah crude oil prices surged by more than four dollars during April 2024.According to OPEC's monthly report, the…
India’s oil demand to grow 4% to 5.8 mbd in 2025: OPEC – Economy News
India’s oil demand is expected to grow to 5.80 million barrels per day in 2025, up 4.1% from the 5.57 million barrels per day projected in 2024, the Organisation of Petroleum Exporting Countries said. In its latest oil market report for…
Azerbaijan’s oil output rises in April, OPEC says – Trend News Agency
Azerbaijan's oil output rises in April, OPEC says Trend News Agency
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OPEC daily basket price stood at $84.29 per barrel Friday | APAnews
The price of OPEC basket of 12 crudes stood at $84.29 a barrel on Friday, May 10, 2024, compared with $84.3 the previous day, according to OPEC Secretariat calculations.
The OPEC Reference Basket of Crudes (ORB) is made up of…
January Non-OPEC and World Oil Production, Big Drop – Peak Oil Barrel
By Ovi
The focus of this post is overall World oil production along with a more detailed review of the top 11 Non-OPEC oil producing countries. OPEC production is covered in a separate post.
Below are a number of Crude plus…
OPEC+ Should Keep Lid on Oil Price to Avoid Higher Inflation, IEA’s Birol Says
OPEC+ producers shouldn’t take actions that would push oil prices up and thus boost inflation when they meet next to decide on their oil production cuts, said Fatih Birol, executive director of the International Energy Agency.“It’s up to…
OPEC daily basket price stood at $84.3 a barrel Thursday
Oil & Gas THE price of OPEC basket of 12 crudes stood at $84.3 a barrel…
OPEC likely to extend cuts in June By Investing.com
Goldman Sachs analysts said Thursday they no longer expect OPEC+ to partially reverse recent voluntary production cuts in June.Instead, the Wall Street giant now predicts that Saudi Arabia's supply will remain steady at 9 million…
Energy Flat as Traders Await Ceasefire, OPEC Negotiations – Energy Roundup
Shares of energy companies were more or less flat as Israel and Hamas negotiated a ceasefire deal in Gaza.
Israel sent tanks into Rafah and took control of the Gazan side of a key border crossing to Egypt, securing a strategic…
Will OPEC+ Extend Oil Production Cuts?
By John Kemp, senior energy analyst at ReutersSaudi Arabia and its allies in OPEC? are likely to keep oil production unchanged for a further three months when ministers review output allocations on June 1.
The tightening of…