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 Oil Company CEO Ahmad Al-Eidan delivers his speech KUWAIT CITY, Sept 18: Kuwait Oil Company (KOC) has officially begun commercial production at the Mitribah oil...
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+...
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...