Oil prices down 1% on Monday
Oil prices fell by more than 1 per cent on early Monday trade, with Brent Crude falling by 1.24 per cent or 0.95…
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OPEC
Angola is leaving OPEC over output cut disagreement
Angola is leaving the Organization of the Petroleum Exporting Countries (OPEC) as membership is not serving its…
12-year-old Indian climate activist storms the stage of COP28
The 12-year-old climate activist, Licypriya Kangujam, interrupted a speech on Monday during a COP28 , by holding a…
COP28 in overtime as negotiators push for phase out deal
The COP28 was rapidly approaching an extended schedule on Tuesday as negotiators anticipated a new draft agreement…
OPEC rejects fossil fuel Phase-Out plan at COP28
OPEC faced backlash on Saturday, during the COP28 in Dubai, after the Kuwaiti secretary general sent a letter…
OPEC chief warns of energy chaos if oil left underground
At the COP28 summit in Dubai, Organisation of the Petroleum Exporting Countries (OPEC) Secretary-General Haitham…
Vladimir Putin going to UAE, Saudi for important discussions
Russia’s President Vladimir Putin will travel to the UAE and Saudi Arabia this week to hold “extremely important”…
Oil prices increase amid weak dollar, on hopes for OPEC+ output cuts
Oil prices increased on Tuesday amid a weak dollar, and expectation that OPEC+ group would extend output cuts.
Climate change threatens the livelihoods of middle easterners
According to a recent report by the World Economic Forum (WEF), climate change threatens the livelihoods of more…
IEA cuts 2024 global demand oil growth forecast – OMR report
The International Energy Agency (IEA) downgraded the global oil demand growth forecast to 880,000 barrels per day…
