Saudi Arabia's energy minister met his counterparts from the United Arab Emirates (UAE), Iraq and Libya on Monday following U ...

The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%. US10yr yields up 6bps ...

OPEC will need to balance its members’ fiscal needs with internal cartel pressure to ease the cuts. The United Arab Emirates, which has been investing in new production capacity to add another 1 ...

A new report has alleged that Nigeria may be headed to a showdown with the Organisation of Petroleum Exporting Countries ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

Several OPEC members, including the United Arab Emirates and Iraq, have been pressing the group to raise output faster, arguing that they had invested a lot in expanding their capacity.

The news comes on the heels of a Wall Street Journal report that said some OPEC members are considering ... such as Saudi Arabia and the United Arab Emirates to boost their output more ...

In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.

Aruna Hemachandra, Deputy Minister of Foreign Affairs and Foreign Employment told The Sunday Times Business that the Economic Division of the Foreign Ministry will be holding discussions with ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab Emirates due to field maintenance and from Iran offset a hike from Nigeria ...