Iran calls for OPEC to unite against potential US oil sanctions
Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...
Crude Oil Prices4d
OPEC’s Oil Production Continued to Decline in January
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria. Iranian oil production has been impacted by US sanctions. The JMMC reaffirmed the current OPEC+ ...
Investing6d
OPEC Meeting
Oil prices muted as strong dollar weighs; OPEC+ meeting awaited By Investing.com - Dec 03, 2024 Investing.com-- Oil prices rose on Tuesday amid pressure from a strong dollar as traders awaited ...
U.S. News & World Report1y
EXPLAINER: What Is OPEC and What Does It Have to Do With Oil Prices?
In 1960, frustrated by Western control over the world’s oil industry, five of the world’s top oil-producing nations created the Organization of the Petroleum Exporting Countries, or OPEC.
Reuters25d
In first look at 2026, OPEC predicts ongoing oil demand growth
LONDON, Jan 15 (Reuters) - OPEC forecast on Wednesday world oil demand in 2026 will rise at a similar rate to this year, while reducing its figure for 2024 for a sixth time, following economic ...
Forbes5mon
Why OPEC’s Decisions Impact The U.S.
September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...
Cyprus Mail1mon
OPEC oil output falls in December on UAE and Iran, survey finds
OPEC’s biggest drop, of 90,000 bpd, came from the UAE, the survey found. A source said field maintenance was the reason for the decline, and the survey put output at 2.85 million bpd. Iran’s ...