OPEC+ defends decision amid oil volatility
OPEC+ ministers stood firm against oil's bearish reaction to their decision to gradually increase crude production…
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OPEC members
BofA revises ’24 Brent, WTI oil price forecasts
Bank of America's (BofA) Global Research has revised its 2024 Brent and WTI oil price forecasts, citing heightened…
Saudi Aramco requested to cut max capacity target back to 12 mbpd
Saudi Aramco said on Tuesday it was directed to lower its planned maximum sustainable oil production capacity from…
OPEC+ panel keeps oil output policy unchanged
The OPEC+ ministerial panel met on Friday and decided to keep its current oil production policies unchanged.
Iraq finishes two thirds of Grand Faw Port
Iraq, the OPEC member, has completed around two thirds of the Grand Faw Port project, said Iraq’s Transport…
Kuwait to issue tenders for Mubarak Port
Kuwait is getting ready to issue new tenders for the completion of Mubarak Al-Kabeer Port, a Kuwaiti newspaper…
TotalEnergies to start Iraq projects in a month – official
French TotalEnergies is set to start executing a $27 billion oil and gas contract with Iraq in a month, said an…
Gas projects to put an end to Iraq’s power crisis – official
Gas projects in the OPEC member Iraq are set to put an end to the country’s power crisis said an Iraqi official on…
Kuwait starts operation of Al-Zour refinery
Kuwait, OPEC member, started full operation of Al-Zour oil refinery by commissioning its third and last…
European markets to open lower as oil prices dip
European bourses are seen lower Tuesday as investors focused on talks between OPEC members and the political…
