OPEC+ agrees September oil hike, expresses concern over attacks on energy assets
Due to export disruptions caused by the Iran and Ukraine wars, successive...
OPEC
UAE’s $150 billion bet: Reshaping post-OPEC oil market
Freed from OPEC quotas, Abu Dhabi is building the pipelines, terminals, and...
Nigeria’s oil production climbs to its highest level, crosses OPEC quota
The combined crude oil and condensate output increased from 1.48 million bpd...
OPEC+ announces June oil output hike amid UAE exit
The UAE had long resisted production quota of OPEC+, as the Gulf...
Fuelling the frenzy: OPEC+ ramps output
The EIA expects OPEC+ to keep production below the group's current target...
OPEC+ members reaffirm commitment to oil market stability
At a November 30 video meet, OPEC+ members reiterated that the 1.65...
OPEC points to smaller 2026 oil supply deficit as OPEC+ pumps more
OPEC's outlook also implied a supply deficit in 2026, in contrast to...
MENA Watch: Gulf states set for growth with oil & investment boosts
Unlike the IMF’s conservative oil assumption, analysts like those at ICAEW foresee...
UAE’s growth strong, expected to remain healthy at around 4% in 2025: IMF
The IMF statement predicted that despite lower oil production and fluctuating oil...
Saudi-listed ACWA Power secures USD 692 million for Egypt wind power plant
As a leading partner in Egypt’s NWFE programme, the EBRD has emerged...