Tag: OPEC

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces ...

DUBAI (Reuters) - The United Arab Emirates (UAE) said on Tuesday it quit OPEC and OPEC+, dealing a heavy blow ...

In a landmark decision at COP28 in Dubai, world leaders have finally bowed to mounting pressure, agreeing to an historic ...

Russia-Saudi oil co-operation is still going strong as part of the OPEC+ alliance, which will do "whatever necessary" to support ...

LONDON - European Union and G7 restrictions on Russian oil exports led to a global shift in oil flows, with ...

Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) Haitham al Ghais underlined the great attention Egypt gives ...

FRANKFURT, Germany  — The Saudi-led OPEC oil cartel and allied producing countries, including Russia, are expected to decide how much ...

CAIRO - Egypt is closely following up on the repercussions of OPEC+ recent decision and the responses to it. A ...

CAIRO - Arab League Secretary-General Ahmed Abul Gheit deplores and rejects media statements against Saudi Arabia after an OPEC+ decision ...

LONDON - OPEC in June did not deliver on an oil output increase pledged under a deal with allies, a ...