OPEC+ Freezes October Oil Output Policy Amid Global Supply Uncertainty
RIYADH — OPEC+ has decided to keep its oil production policy unchanged for October, pausing further adjustments as major producers...
OPEC
Refining Capacity Crunch Keeps Global Fuel Prices High Despite Softer Crude Oil
Global fuel prices have remained elevated even as crude oil prices have eased, highlighting a growing imbalance in the international...
Global Oil Prices Stay Volatile as Strait of Hormuz Tensions Raise Supply Concerns
Global oil markets remain under pressure as geopolitical tensions surrounding the Strait of Hormuz continue to create uncertainty over the...
OPEC Releases Key Messages of World Oil Outlook 2026 in 10 Languages
The latest highlights from the World Oil Outlook 2026 have been published in a multilingual format, expanding global access to...
OPEC Forecasts Strong Global Oil Demand Growth Through 2050 Despite Energy Transition Efforts
The global energy landscape is expected to remain heavily influenced by oil for decades to come, according to the latest...
Global Markets Open February with Focus on Economic Signals and Oil Policy
As a new month begins, global financial markets have turned their attention to a series of critical economic indicators and...
OPEC+ Freezes Oil Output Hikes as UK Manufacturing Rebounds, Signaling a Fragile Global Recovery
London, November 4, 2025 — In a move that underscores the delicate balance of the global economy, the Organization of...
OPEC Highlights Oil’s Crucial Role in Critical Minerals Supply Chain
The Organization of the Petroleum Exporting Countries (OPEC) has underscored the indispensable role of oil in the global critical minerals...
OPEC Report Reveals 2024 Breakdown of Oil Revenue Distribution Across Major Economies
The latest OPEC Annual Statistical Bulletin (60th edition) offers a detailed look at how the value of a litre of...
OPEC Predicts Strong Oil Demand Growth Driven by Transport and Petrochemicals
The Organization of the Petroleum Exporting Countries (OPEC) has projected a steady rise in global oil demand through 2050, primarily...
OPEC’s 2025 World Oil Outlook Projects Soaring Global Energy Demand by 2050
The Organization of the Petroleum Exporting Countries (OPEC) has released its 2025 edition of the World Oil Outlook, offering an...
OPEC Clarifies Role of Upcoming JMMC Meeting to Dispel Market Confusion
In a recent statement issued via its official social media channel, the Organization of the Petroleum Exporting Countries (OPEC) addressed...
OPEC International Seminar Showcases Unmatched Global Energy Influence
The recent OPEC International Seminar witnessed an extraordinary level of global engagement, reaffirming the organization's central role in shaping the...
OPEC Pays Tribute to Former Nigerian President Muhammadu Buhari Following His Passing
Vienna, Austria – The Organization of the Petroleum Exporting Countries (OPEC) has extended heartfelt condolences following the passing of former...
OPEC Secretary General Meets WPC Energy Leaders to Advance Global Energy Dialogue
Vienna, July 2025 – In a significant engagement at the OPEC Secretariat, Secretary General HE Haitham Al Ghais welcomed Mr....
OPEC Forecasts Surge in Oil Demand Driven by Transport and Petrochemicals
The Organization of the Petroleum Exporting Countries (OPEC) has projected a significant increase in global oil demand by 2050, largely...
OPEC Launches 2025 Statistical Bulletin: A Vital Tool for Global Energy Insights
On July 2, 2025, the Organization of the Petroleum Exporting Countries (OPEC) released its 60th Annual Statistical Bulletin (ASB) from...
OPEC Emphasizes $17.4 Trillion Investment Need at Nigeria Oil and Gas Week 2025
Abuja, Nigeria – The 24th Nigeria Oil and Gas Week 2025, held from June 29 to July 3 in Abuja,...
