With Qatar making the announcement it would pull out of global oil cartel OPEC, analysts across the world have scrambled over Doha's unprecedented move and its implications. Qatar's oil minister ...

“It could signal a historic turning point of the organization towards Russia, Saudi Arabia and the US,” said Algeria’s ex energy minister Chakib Khelil Qatar said it will quit OPEC to focus ...

TASS/. The diplomatic crisis around Qatar will not affect implementation of OPEC's deal on production cut, Saudi Arabia's Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said on ...

the five original founding members of OPEC have been joined by 11 other oil-exporting countries, though some – Ecuador, Indonesia and Qatar – have since suspended or terminated their membership.

The US$1.5 billion LRT project, which was unilaterally terminated by former Sri Lankan President Gotabaya Rajapaksa, may be regarded as a prospective future endeavour, as stated by Japanese Ambassador ...

In a monthly report, OPEC said it expects 2024 global oil demand to rise by 1.61 million barrels per day (bpd), down from 1.82 million bpd last month. OPEC also cut its 2025 growth estimate to 1. ...

Opec, the Organization of the Petroleum Exporting Countries, has certainly had its share of criticism over many years. President Trump recently accused the group of "ripping off the rest of the ...