Organisation of the Petroleum Exporting Countries - OPEC

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Saudi crude oil exports fall to lowest in five months

Saudi crude oil exports fall to lowest in five months

Monday, 20 July 2015 9:05 AM

KSA supplying millions of barrels of diesel from new refineries

OPEC says it expects more balanced oil market in 2016

OPEC says it expects more balanced oil market in 2016

Monday, 13 July 2015 2:27 PM

Oil cartel sayd China and developing world will increase oil consumption next year

Oil prices forecast to rise over next two years on demand growth

Oil prices forecast to rise over next two years on demand growth

Friday, 3 July 2015 9:10 AM

Reuters poll of 31 analysts predicts that prices will remain stable to average $62 for remainder of 2015

Shell Chief says US shale producers under pressure from Saudi Arabia

Shell Chief says US shale producers under pressure from Saudi Arabia

Thursday, 2 July 2015 9:57 AM

OPEC's decision, led by Saudi Arabia, to not cut oil production has put pressure on US shale gas producers which in turn has put brakes on America's energy boom

OPEC says oil market oversupply to ease, but raises output again

OPEC says oil market oversupply to ease, but raises output again

Wednesday, 10 June 2015 5:06 PM

Crude production rises by 24,000 barrels per day in May due to record Saudi output, increases in Iraq and Algeria

UAE oil minister says market correction not over yet

UAE oil minister says market correction not over yet

Wednesday, 3 June 2015 1:55 PM

Minister Suhail bin Mohammed al-Mazroui says glut in market has decreased significantly

Saudi Arabia goes on refinery hiring spree in South Korea

Saudi Arabia goes on refinery hiring spree in South Korea

Saturday, 30 May 2015 1:46 AM

World's top crude exporter seeks engineers to run plants in its soaring refining sector

Saudi Arabia, OPEC partners turn down Chinese requests for extra oil

Saudi Arabia, OPEC partners turn down Chinese requests for extra oil

Wednesday, 20 May 2015 2:07 PM

Oil exporters are holding back fuel for their own refineries just as demand from the world's biggest crude importer hits new records

Kuwait OPEC governor does not expect oil price drop in H2

Kuwait OPEC governor does not expect oil price drop in H2

Monday, 18 May 2015 2:47 PM

Nawal al-Fuzaia says he expects to see 'some sort of balance in oil market' in second half of this year

OPEC unlikely to cut output, says Iranian deputy oil min

OPEC unlikely to cut output, says Iranian deputy oil min

Monday, 18 May 2015 11:36 AM

Expects to see oil at $80 a barrel by the end of 2016

Saudi Arabia's April crude output hits record high

Saudi Arabia's April crude output hits record high

Tuesday, 12 May 2015 2:08 PM

World's top oil exporter pumped 10.308 million barrels of oil per day in April, according to Gulf industry source

Oil heads towards 2015 highs despite ample supply

Oil heads towards 2015 highs despite ample supply

Thursday, 7 May 2015 3:40 PM

OPEC will not cut output alone, says Gulf delegate

Indonesian energy minister seeks to rejoin OPEC

Indonesian energy minister seeks to rejoin OPEC

Thursday, 7 May 2015 3:20 PM

Energy minister to attend June OPEC meeting as an observer

Oil hits 2015 high above $67 as Libya output slows

Oil hits 2015 high above $67 as Libya output slows

Tuesday, 5 May 2015 4:29 PM

Libyan oil port of Zueitina closed by protesters

Oil prices likely to remain weak for at least a year - poll

Oil prices likely to remain weak for at least a year - poll

Thursday, 30 April 2015 2:07 PM

Reuters survey of 32 analysts predicts that North Sea Brent crude will average $60 a barrel in 2015

It will be

It will be "difficult" for oil to reach $120 again, says Saudi OPEC governor

Sunday, 22 March 2015 12:34 PM

Mohammed Al Madi said the price drop was because of fundamental supply and demand factors, not any non-economic policies

OPEC set to continue oil output policy, says Kuwait official

OPEC set to continue oil output policy, says Kuwait official

Tuesday, 10 March 2015 1:54 PM

Kuwait's OPEC Governor Nawal Al-Fuzaia also says she does not expect oil price to fall below $40

We shouldn't cut output to

We shouldn't cut output to "subsidise" shale, says OPEC official

Monday, 9 March 2015 11:59 AM

Secretary-General Abdullah Al Badri claims shale producers need oil prices at $100 plus to produce, sell it and make income out of it

Oil price rises to $62, close to 2015 high

Oil price rises to $62, close to 2015 high

Tuesday, 17 February 2015 2:17 PM

Recovery in crude prices is supported by threats to Middle East supplies

Saudi oil minister discusses OPEC with Russian, Algerian officials

Saudi oil minister discusses OPEC with Russian, Algerian officials

Thursday, 12 February 2015 11:36 AM

Under Saudi guidance, OPEC decided last November not to cut output


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No output quota changes at OPEC meet - Qatar oil min

Thursday, 19 November 2009 11:25 AM

Organisation of the Petroleum Exporting Countries will meet in Angola on Dec 22.

“Oversupply” causes OPEC to cut production quotas

Monday, 1 January 2007 12:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) is set to cut 500,000 barrels per day (bpd) from its daily production quota due to massive oversupply, according to a top official.

“Oversupply” causes OPEC to cut production quotas

Sunday, 17 December 2006 4:00 AM

The Organisation of the Petroleum Exporting Countries (OPEC) is set to cut 500,000 barrels per day (bpd) from its daily production quota due to massive oversupply, according to a top official.

Oil prices stable after OPEC meeting

Sunday, 29 October 2006 4:00 AM

Oil prices have remained at around US$58 a barrel despite the Organisation of Petroleum Exporting Countries' (OPEC) announcement last week to cut its daily production by 5% - a total of 1.2 million barrels...

Opec may increase output further to ease oil prices

Tuesday, 30 August 2005 4:00 AM

The Organisation of Petroleum Exporting Countries (Opec) may increase output by 500,000 barrels per day to ease crude oil prices, which reached a record high of US $70.

Opec considers further output hike

Sunday, 27 March 2005 4:00 AM

THE ORGANISATION of the Petroleum Exporting Countries (Opec) is considering a second output hike, just a week after the cartel raised its production quota at a meeting in Isfahan, Iran.

Opec will not cut oil production as prices soar

Sunday, 6 March 2005 4:00 AM

THE ORGANISATION of Petroleum Exporting Countries (Opec), supplier of more than a third of the world’s oil, will not consider cutting production at a meeting in Iran in a fortnight with prices higher than...

Region’s Opec members agree to keep oil production on hold

Sunday, 6 February 2005 4:00 AM

THE ORGANISATION of the Petroleum Exporting Countries (Opec) has agreed to keep oil output limits on hold, content with crude prices touching US$50 a barrel. Crude prices are up about 40% on last year...

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With an IQ placing her in the top 0.1 percent of the world, Dr Manahel Thabet is arguably the most intelligent living Arab. But she fears the region is repressing its most scientific and innovative minds, while falling prey to the ‘pollution’ of social media. It all spells economic disaster, she warns.

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