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Browsing Tag

OPEC

20 posts
EEconomy
China appears to have saved us from a global recession – The Irish Times
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China appears to have saved us from a global recession – The Irish Times

  • August 14, 2026
The US war on Iran has triggered the biggest oil supply shock in history. At the height of…
EEconomy
$125 Oil Could Tip Global Economy Into Recession
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$125 Oil Could Tip Global Economy Into Recession

  • May 4, 2026
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s…
EEconomy
Opec exit to unlock new energy and economic playbook for UAE
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Opec exit to unlock new energy and economic playbook for UAE

  • May 2, 2026
Leaving Opec is part of the UAE’s greater plan for its future, where higher hydrocarbon revenues will allow…
EEconomy
US-Iran War: NNPC Hikes Nigerian Oil Prices by $7/Barrel
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US-Iran War: NNPC Hikes Nigerian Oil Prices by $7/Barrel

  • April 29, 2026
The Nigerian National Petroleum Company Limited has raised the official selling prices of all 37 Nigerian crude grades…
EEconomy
'Take the money and run': Johns Hopkins economist Steve Hanke on why the UAE quit OPEC
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‘Take the money and run’: Johns Hopkins economist Steve Hanke on why the UAE quit OPEC

  • April 29, 2026
The decision was shocking. But the announcement April 28 that the UAE was leaving OPEC caps years of…
EEconomy
A photo dated Jan. 7, 1974, of one of the pumping stations at the petroleum port in Al Ahmadi, Kuwait.
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Is the U.S. headed for a repeat of the 1973 oil crisis?

  • March 10, 2026
The current situation in the Middle East — a major war involving the U.S., Israel, and Israel’s enemies,…
EEconomy
China soaks up the crude oil glut, but only if the price is right
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China soaks up the crude oil glut, but only if the price is right

  • January 27, 2026
LAUNCESTON, Australia, Jan 27 (Reuters) – Where exactly is the expected supply glut in the global crude market?…
EEconomy
Oil worker
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Permian Basin Economy Slows Under the Shadow of Cheap Venezuelan Oil

  • January 16, 2026
The United States is rushing to sell off millions of barrels of Venezuelan oil after the Trump administration…
EEconomy
Venezuelan oil industry: world's largest reserves, decaying infrastructure
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Venezuelan oil industry: world’s largest reserves, decaying infrastructure

  • January 3, 2026
Jan 3 (Reuters) – Following are key facts about the oil industry of Venezuela, whose President Nicolas Maduro…
EEconomy
Should Opec worry? China joins US shale oil revolution with deep fracking breakthrough
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Should Opec worry? China joins US shale oil revolution with deep fracking breakthrough

  • December 11, 2025
China’s recent breakthroughs in fracking technology have the potential to usher in a new shale revolution that could…
EEconomy
New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says
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New OPEC+ production mechanism will help stabilise markets, Saudi energy minister says

  • December 1, 2025
Item 1 of 2 Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman attends a session of the St.…
EEnvironment
Investors risk being hoodwinked by grim energy transition vibes
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Investors risk being hoodwinked by grim energy transition vibes

  • November 24, 2025
Investment in low-carbon energy to reach $2.2 trillion this year Global renewable power capacity is forecast to double…
Ireland
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