6 days ago · Trump last week called on Saudi Arabia and OPEC to lower oil prices. OPEC+ has yet to respond, but five OPEC+ delegates said a meeting of the group's top ministers on Feb. 3 is unlikely to adjust ...

6 days ago · U.S. President Donald Trump on Friday reiterated his call for OPEC to cut oil prices to hurt oil-rich Russia's finances and help bring an end to the war in Ukraine.

News: 1. OPEC daily basket price stood at $71,92 a barrel Tuesday, 10 December 2024 more; 2. ‘'Age of electricity' to follow looming fossil fuel peak’’: Analysis or Science Fiction? more; 3. OPEC to hold its 9th International Seminar in Vienna on 9-10 July 2025 more

Jan 23, 2025 · Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% after Trump spoke.

Sep 26, 2024 · DUBAI/LONDON (Reuters) -The Organization of the Petroleum Exporting Countries and its allies will go ahead with a planned oil production increase in December but first need to cut output to...

Jun 2, 2024 · The Organization of the Petroleum Exporting Countries and its allies — a group of leading oil producers known as OPEC+ — agreed Sunday to extend production cuts announced last year into 2025. The...

Nov 30, 2023 · Stay on top of OPEC latest developments on the ground with Al Jazeera’s fact-based news, exclusive video footage, photos and updated maps.

OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September. 10 Sep 2024 | Vienna, Austria, 10 September 2024--The Organization of the Petroleum Exporting Countries (OPEC) will launch the 18th edition of its World Oil Outlook (WOO) at ROG.e 2024 in Rio de Janeiro, Federative Republic of Brazil.

Sep 10, 2024 · OPEC cut its demand growth forecast for the second time in as many months. Softening demand expectations in China are weighing on the oil market. Oil prices rose in the …

Jun 6, 2023 · FRANKFURT, Germany (AP) — Saudi Arabia will reduce how much oil it sends to the global economy, taking a unilateral step to prop up the sagging price of crude after two previous cuts to supply by major producing countries in …