OPEC

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

OPEC cuts 2024, 2025 global oil demand growth view again

On Monday, OPEC in a monthly report said world oil demand will rise by 1.93 million barrels per day (bpd) in 2024, down from growth of 2.03 million bpd it expected last month. Until August, OPEC...

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, US April 21, 2020. Photo: REUTERS/Drone Base/File Photo
Global Economy

Oil falls 3% as concerns ease on potential Iran supply disruption

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

Oil prices jump more than $1 as Middle East tensions escalate

A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. Photo: REUTERS/Dado Ruvic/Illustration/File Photo
Global Economy

Oil prices rise on Middle East conflict fears as Israel steps up attacks

Representational image. Photo: Bloomberg
Global Economy

Oil steady as investors eye US inflation, OPEC report

Dhaka Ahsania Mission wins OPEC Fund Annual Award
Bangladesh

Dhaka Ahsania Mission wins OPEC Fund Annual Award

OPEC’s logo at its Vienna headquarters.Photographer: JOE KLAMAR/AFP via Getty Images
Global Economy

Opec cuts are tightening the oil market

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, August 21, 2015. REUTERS/Heinz-Peter Bader
Global Economy

Angola says it is leaving OPEC

A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic
Global Economy

Waning influence of OPEC+ in spotlight as prices flag

The Aramco Oil Refinery in Dahran, Saudi Arabia. Photo: Bloomberg
Global Economy

Oil investors to usher in 2024 amid oversupply, demand concerns

Photo: BSS/AFP
World+Biz

No 'single solution' for energy transition: OPEC chief

Delegates walk at the United Nations Climate Change Conference COP28 in Dubai, United Arab Emirates, December 8, 2023. REUTERS/Thaier Al Sudani/File Photo
Climate Change

COP28 clashes over fossil fuel phase-out after OPEC pushback

A pumpjack is seen at the Sinopec-operated Shengli oil field in Dongying, Shandong province, China January 12, 2017. Picture taken January 12, 2017. REUTERS/Chen Aizhu/File Photo
Global Economy

Climate campaigners slam OPEC bid to thwart oil phase-out