opec

Petroleum Economist analysis highlights sharp shift from crude oversupply to market deficit, with Iraq and Kuwait badly affected…

(Bloomberg) — Chinese clean‑tech manufacturers are beginning to benefit from the supply crunch in the Gulf, as rising…

Apr 11, 2026 According to a report from Bloomberg, Saudi Arabia has increased the price of its primary…

On Monday, crude oil prices witnessed an upswing, edging closer to record highs amid growing geopolitical tensions.…

(Bloomberg) — OPEC+ members plan to raise their production quotas for May, a symbolic move as the Middle…

2026-04-05T10:42:10+00:00 font Enable Reading Mode A- A A+ Shafaq News- Vienna The Organization of the Petroleum Exporting Countries…

(Bloomberg) — Traffic through the vital Strait of Hormuz has been picking up in the past week, with…

Crude oil prices saw considerable volatility last week. Brent crude oil futures on the Intercontinental Exchange (ICE) ($105.30/barrel) was…

Mar 24, 2026 According to a report from Yahoo Finance, Venezuela is taking steps to increase its oil…

(Bloomberg) — From capturing Venezuela’s president to attacking Europe’s methane rules, President Donald Trump had created a slipstream…

Crude oil prices ended higher last week despite high volatility. Brent crude oil futures on the Intercontinental Exchange (ICE)…

(Bloomberg) — Traders are fully pricing two interest-rate hikes from the European Central Bank this year, as an…

OPEC+’s 11m b/d March production collapse