Connect with us
According to oil analysts, the organization appears to have hit its production limit, as it has consistently failed to meet its targets. Despite Russia, the world’s...
KUWAIT: Kuwait will continue supporting the Organization of the Petroleum Exporting Countries (OPEC) as a strategic player in the global energy system, Oil Minister Tareq Al-Roumi...
OPEC+ appears to be taking relentless action to push more oil into the market, regardless of the consequences. The organization is clearly focused on regaining its...
LONDON: Eight key members of the OPEC+ alliance said Sunday they have agreed to again boost oil production, in a strategy analysts saw as a bid...
OPEC+ is set to raise oil production on Sunday, but the October increase is expected to be smaller than previous monthly hikes. LONDON, Sept 7: OPEC+...
KUWAIT: Kuwait’s Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and US President Donald Trump’s recent remarks...
KUWAIT CITY, July 6: Minister of Oil Al-Roumi reaffirmed on Saturday Kuwait’s full support for OPEC+ efforts aimed at enhancing the stability of international oil markets....
KUWAIT CITY, June 1: The eight countries participating in the voluntary production reduction within OPEC+ are committed to market stability, considering the fundamentals pertaining to the...
WITH the upcoming meeting of OPEC+ next month in Vienna, oil markets are anxious about the group’s potential decision to raise production again. This has raised...
LAST week, OPEC+ decided to increase crude oil output for this month and the next. This appears to be in support of the trend of lowering...
