Click outside menu or press ESC to close
Energy & Commodities · Nov 4, 2026 · 6 min read
Shipping and insurance costs have passed one-third of crude's value this year, OPEC's Secretary General told an online workshop that OPEC, the IEA and the IEF convened on 4 November. For producing and consuming economies…
Read more →
Energy & Commodities · Nov 1, 2026 · 5 min read
Seven OPEC+ producers will keep December's required output at September levels for a third month, OPEC said on Sunday; their country figures…
Read more →
Energy & Commodities · Oct 14, 2026 · 3 min read
OPEC raised its forecast for world oil demand growth in 2027 to 2.55 million barrels a day, from 2.36 million a month…
Read more →
Energy & Commodities · Oct 5, 2026 · 2 min read
Seven OPEC+ producers including Saudi Arabia and Russia agreed on Sunday to keep their November crude output at September levels, the second…
Read more →
Macro · Sep 16, 2026 · 6 min read
The OPEC Fund for International Development has approved 645 million dollars in new financing since its last Governing Board session, backing projects…
Read more →
Energy & Commodities · Sep 10, 2026 · 5 min read
The Organization of the Petroleum Exporting Countries lowered its forecast for world oil demand growth in 2026 to 380,000 barrels a day…
Read more →
Energy & Commodities · Sep 6, 2026 · 6 min read
Seven OPEC+ countries met by videoconference on 6 September and decided to maintain September's required production for October. Saudi Arabia, Russia, Iraq,…
Read more →
OPEC · Aug 13, 2026 · 9 min read
OPEC expects world oil demand to grow by about six hundred thousand barrels a day this year, the organization said in its…
Read more →
OPEC · Aug 2, 2026 · 4 min read
Seven OPEC+ countries approved a combined increase of 188,000 barrels a day in their oil production targets from September, completing the phased…
Read more →
Energy & Commodities · Jul 29, 2026 · 6 min read
Seven OPEC Plus producers meet on 2 August having raised August targets by 188 thousand barrels a day, the third consecutive month…
Read more →
Energy & Commodities · Jul 13, 2026 · 4 min read
OPEC trimmed its forecast for global oil demand growth this year to about 0.8 million barrels a day, down from around 1.0…
Read more →
Energy & Commodities · Jul 7, 2026 · 4 min read
Kuwait's oil production is set to reach 2.660 million barrels a day in August under the latest OPEC+ agreement, Oil Minister Tareq…
Read more →
Energy & Commodities · Jul 5, 2026 · 5 min read
A group of seven producers within the OPEC Plus alliance, including Kuwait, agreed on Sunday to raise their combined oil output by…
Read more →
Energy & Commodities · Jul 4, 2026 · 5 min read
OPEC crude oil output rose sharply in June as Gulf producers restored shipments and shipping through the Strait of Hormuz returned to…
Read more →
Markets · Jun 24, 2026 · 2 min read
The OPEC Fund for International Development is preparing a new initiative aimed at fragile states, offering long term financing with maturities of…
Read more →
Energy & Commodities · Jun 22, 2026 · 3 min read
Libya's crude oil production has climbed to about 1.44 million barrels a day, its highest level since 2013, the National Oil Corporation…
Read more →
Energy & Commodities · Jun 19, 2026 · 4 min read
OPEC and the International Energy Agency have collided publicly over the direction of the oil market, with OPEC Secretary-General Haitham Al Ghais…
Read more →
Energy & Commodities · Jun 18, 2026 · 5 min read
OPEC reaffirmed its long-held view that there is no peak in oil demand on the horizon, raising its long-term forecast as it…
Read more →
Markets · Jun 12, 2026 · 3 min read
Oil prices extended their decline on Friday, 12 June 2026, as the United States and Iran moved closer to an agreement that…
Read more →
Energy & Commodities · Jun 11, 2026 · 3 min read
OPEC has lowered its forecast for global oil demand growth in 2026 to 970,000 barrels per day, down from 1.17 million b/d…
Read more →
International Organizations · Jun 9, 2026 · 6 min read
Saudi Arabia's economy maintained positive momentum in the first quarter of 2026, with real gross domestic product growing by 2.8% compared with…
Read more →
Geopolitics · Jun 8, 2026 · 6 min read
Oil prices surged sharply on Monday as renewed tensions in the Middle East revived fears of potential disruption to global energy flows…
Read more →
International Organizations · Jun 7, 2026 · 5 min read
Seven key OPEC+ producers have agreed to raise their oil production target by a combined 188,000 barrels per day starting in July…
Read more →
Macro · Jun 4, 2026 · 7 min read
Kuwait Petroleum Corporation signals crude production could recover to nearly 70% of normal levels within 6–8 weeks of the Strait of Hormuz…
Read more →
Shipping and insurance costs have passed one-third of crude’s value this year, OPEC’s Secretary General told an online workshop that OPEC, the IEA and the IEF convened on 4 November. For producing and consuming economies alike, that puts the cost of moving and insuring a cargo at more than a third of what the crude…
Seven OPEC+ producers will keep December’s required output at September levels for a third month, OPEC said on Sunday; their country figures add up to 31.01 million barrels a day. For the seven governments and the refiners that buy their crude, the decision carries the last month of the year at the level reached after…
OPEC raised its forecast for world oil demand growth in 2027 to 2.55 million barrels a day, from 2.36 million a month earlier, in its Monthly Oil Market Report for October, while trimming its 2026 estimate to 180,000 barrels a day from 380,000. Crude production by the countries in the Declaration of Cooperation rose by…
Seven OPEC+ producers including Saudi Arabia and Russia agreed on Sunday to keep their November crude output at September levels, the second straight month without a change after a 188,000 barrel a day adjustment from their April 2023 additional voluntary adjustments took effect in September, OPEC said in a statement. Required production across the seven…
The OPEC Fund for International Development has approved 645 million dollars in new financing since its last Governing Board session, backing projects across 14 partner countries in Africa, Asia, Europe and Latin America. The package splits into 435 million dollars for public sector projects and 210 million dollars for private sector operations, which is 67.4…
The Organization of the Petroleum Exporting Countries lowered its forecast for world oil demand growth in 2026 to 380,000 barrels a day in its Monthly Oil Market Report released on Thursday in Vienna, a figure the report’s own summary rounds to about 400,000. It was the fifth consecutive monthly reduction, per Bloomberg, and leaves the…
Seven OPEC+ countries met by videoconference on 6 September and decided to maintain September’s required production for October. Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman are set 31.01 million barrels a day between them next month on our calculation. Each of those seven levels is identical to the country’s own figure in the…
OPEC expects world oil demand to grow by about six hundred thousand barrels a day this year, the organization said in its Monthly Oil Market Report published on Wednesday, cutting the forecast by two hundred thousand barrels a day from its July assessment. The figure stands two point two million barrels a day above the…
Seven OPEC+ countries approved a combined increase of 188,000 barrels a day in their oil production targets from September, completing the phased return of the voluntary supply cuts announced in April 2023. Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman agreed on the adjustment during a virtual meeting on Sunday, 2 August. OPEC said…
Seven OPEC Plus producers meet on 2 August having raised August targets by 188 thousand barrels a day, the third consecutive month at that increment, into a year the International Energy Agency expects global demand to contract.