opec
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Middle east
WEEKLY ENERGY RECAP: If oil prices were below $70, would IEA still tell OPEC to open taps?
DUBAI: The threat seemed clear. The low-tax countries of the Middle East would have to fall in line with the…
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Middle east
OPEC Fund grants $10m aid to Bank of Maldives to support tourism revival
DUBAI: The aggregate net income of the UAE’s top ten banks increased by 85 percent in the first quarter of…
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around world news
OPEC Plus Continues Gradual Increase in Oil Output
It did not take long. With oil futures rising to levels not seen since 2018, officials from the Organization of…
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Middle east
Oil adds to gains on OPEC+ supply discipline, demand prospects
Author: Reuters article author: Reuters ID: 1622611042120577200 Wed, 2021-06-02 05:07 SINGAPORE: Oil prices rose on Wednesday after OPEC and its…
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Middle east
Oil market able to absorb gradual increases in OPEC+ crude production: Kuwait
RIYADH: A supply glut that’s held down Dubai’s property prices for over half a decade will likely keep it on…
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around world news
OPEC+ meeting in focus amid concerns over Iranian oil supply
The Headquarters of the Organisation of the Petroleum Exporting Countries (OPEC) in Vienna, Austria on 17 December, 2018. Beata Zawrzel…
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america
OPEC Plus is expected to continue slowly raising output as oil prices climb.
June 1, 2021Updated June 1, 2021, 8:01 a.m. ET The oil market is expected to tighten as increased economic activity…
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Middle east
Brent hits $70 ahead of OPEC+ meet
Author: Reuters article author: Reuters ID: 1622524118642197400 Tue, 2021-06-01 02:25 SINGAPORE: Oil prices rose on Tuesday, with Brent topping $70,…
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Middle east
WEEKLY ENERGY RECAP: Stronger oil demand unlikely to hamper OPEC+ plans
Author: Sun, 2021-05-30 00:13 Oil prices recovered from last week’s losses. Prices rose to a two-year high, but huge resistance…
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