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Organization of Petroleum Exporting Countries (OPEC)

  • ENERGY

    OPEC daily crude output falls by 0.3% in June

    by Anadolu Agency July 10, 2024
    by Anadolu Agency July 10, 2024

    Crude oil production from the Organization of Petroleum Exporting Countries (OPEC) decreased by 0.3%, or by …

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  • ENERGY

    Global oil production rises by 0.51% in May: Int. Energy Agency

    by Anadolu Agency June 12, 2024
    by Anadolu Agency June 12, 2024

    World oil production increased by 0.51%, or 520,000 barrels per day (bpd), to around 102.5 million …

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  • ENERGY

    Oil up with interest rate cuts in major central banks

    by Anadolu Agency June 7, 2024
    by Anadolu Agency June 7, 2024

    Oil prices saw marginal gains on Friday, supported by expectations that the US Federal Reserve (Fed) …

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  • ENERGY

    Oil demand peak dispute raises economic alarm

    by Anadolu Agency April 13, 2024
    by Anadolu Agency April 13, 2024

    If demand for fossil resources —​​​​​​​ seen as major contributors to global warming — continues to …

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  • ECONOMY

    OPEC crude output declines in December

    by Anadolu Agency January 17, 2024
    by Anadolu Agency January 17, 2024

    Total crude oil production of the Organization of Petroleum Exporting Countries (OPEC) dropped by 73,000 barrels …

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  • ECONOMYWORLD

    Angola’s decision to quit OPEC raises concerns over group’s market management

    by Anadolu Agency December 22, 2023
    by Anadolu Agency December 22, 2023

    ANKARA The decision taken by southern African country Angola to leave the Organization of Petroleum Exporting …

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  • ENERGY

    OPEC says global oil supply rises in June

    by Anadolu Agency July 13, 2023
    by Anadolu Agency July 13, 2023

    Global oil supply rose by 600,000 barrels per day (bpd) in June, averaging 101.2 million bpd, …

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  • ENERGY

    Global oil supply falls by 1% in May

    by Anadolu Agency June 13, 2023
    by Anadolu Agency June 13, 2023

    Global liquids production fell by 1.02 million barrels per day (bpd) in May, averaging 100.20 million …

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  • ENERGY

    Oil down over fears on low global demand after weak Chinese import data

    by Anadolu Agency June 7, 2023
    by Anadolu Agency June 7, 2023

    Oil prices continued their decline on Wednesday as bearish Chinese trade data cast doubt on demand …

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  • ENERGY

    Oil prices could remain under $90 despite OPEC+ production cuts: Experts

    by Anadolu Agency June 7, 2023
    by Anadolu Agency June 7, 2023

    Saudi Arabia’s decision to reduce oil production by 1 million barrels per day (bpd) in July, …

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