Tag: OPEC+

The United Arab Emirates’ decision to distance itself further from the Organization of the Petroleum Exporting Countries (OPEC) underscores growing ...

Global oil markets are entering a delicate new phase after OPEC+ approved a modest increase in production quotas for June, ...

The United Arab Emirates has announced its withdrawal from both OPEC and OPEC+. The decision, effective May 1, 2026, was ...

Eight key members of the OPEC+ alliance have raised alarm over disruptions to global energy supply following attacks on oil ...

Eight major oil-producing nations within the OPEC+ alliance have expressed deep concern over the impact of Iran’s attacks on key ...

The ongoing United States-Israel-Iran war, which began on February 28, 2026, has triggered what the International Energy Agency describes as ...

The OPEC+ alliance has agreed to increase oil production in response to rising geopolitical tensions in the Middle East, a ...

The OPEC+ alliance, co-chaired by Saudi Arabia and Russia, has decided to halt its planned oil supply increases for the ...

OPEC+ has confirmed it will pause planned increases in oil supply through the first quarter of 2026, choosing instead to ...

Nigeria’s Bonny Light crude has rallied to $78.62 per barrel, surpassing global benchmarks such as Brent crude, trading at $64.53, ...