OPEC launches history book @ 60
June 19, 2022 The Organisation of the Petroleum Exporting Countries (OPEC) and the Ministry of Oil of Iraq have launched a history book titled ‘OPEC 60 years and beyond: A…
Global oil sector needs $12.6trn investment to achieve demand by 2045 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says the global oil sector needs about US$ 12.6trillion investment to enable it contribute to achieving future global oil demand. The OPEC Secretary…
U.S-China trade deal would help lift ‘dark cloud’ over oil – OPEC
OPEC’s secretary general said on Wednesday a trade deal between the United States and China would boost the global economy and would help lift a “dark cloud” over the oil…
Oversupply looms as global oil supply recovers after Saudi attacks – IEA
Global oil markets have quickly recovered from attacks on Saudi oil facilities last month and even face oversupply next year as global demand slows, the International Energy Agency said on…
OPEC assessing impact on oil market after Saudi facilities attack, says too early for any action
OPEC is assessing the impact on the oil market from attacks on Saudi Arabian facilities and says it is too early for members to take any action on raising output…
OPEC says global trade dispute may hit energy demand
OPEC Secretary-General Mohammad Barkindo expects global trade disputes to hit energy demand and eventually hurt economic growth. Barkindo told reporters on Wednesday in Cape Town that OPEC was hopeful the…