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Posted 03/10/2022

Oil Prices Soar 3% on Reports of OPEC+ Cutting 1 Million of Output

The oil prices soared in the morning session on Monday of Asian trading hours...

Posted 05/09/2022

OPEC+ Surprisingly Announces Small Output Cut amid Worsening Energy Crisis

OPEC+ decided on Monday to reduce production targets by around 100,000 barrels per day...

Posted 06/07/2022

OPEC Secretary General Mohammad Barkindo dies at age 63

OPEC Secretary General Mohammad Barkindo passed away at the age of 63, just days...

Posted 12/04/2022

Crude Oil Gained as Traders Weighs Demand from China and OPEC’s Warning of Tight Supply

Crude oil gained as traders weigh demand from China as the country deals with...

Posted 29/03/2022

Saudi Says Politics Will Be Left Out from OPEC’s Policy Decisions

Saudi Arabia’s energy minister Prince Abdulaziz bin Salman bin Abdulaziz Al Saud said in...

Posted 02/02/2022

Goldman Sachs Expects OPEC+ to Ramp Up Production amid Rising Energy Price

Goldman Sachs warns that OPEC+ could step up its production plan during Wednesday's virtual...

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