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OPEC: Latest updates and analysis
OPEC news today and OPEC+ updates with precise reporting on meeting decisions, production targets, quotas, oil cuts, Brent price moves, and policy signals, written for readers who want speed, clarity, and authority.
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Economy
Russian Economy News: Ruble, Inflation, Budget, and Trade
Russian economy news moves fast and affects energy prices, logistics, and capital flows. This explainer tracks the ruble, inflation, budgets, and trade mechanics with...
Economy
OPEC+ modest oil hike exposes West hypocrisy while Russia supply fears keep markets on edge
Singapore — Oil prices inched higher on Tuesday after OPEC+ approved a modest production increase, a carefully calibrated move that signaled the group’s intent...
Bloomberg: Russian oil has finally overcome the G7 price ceiling
Moscow, Russia (TEH) - In a surprising turn of events, Russian oil has defied Western sanctions and embargoes, with revenues rising to an eight-month...
Oil continues gains after OPEC+ decisions to deepen production cuts
And Saudi Arabia announced the availability of an additional temporary voluntary reduction of one million barrels per day, starting next July 1, for...
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“OPEC” .. a safety valve for the stability of oil markets
OPEC has always been concerned with a permanent and constructive dialogue between itself and all international partners and agencies to guarantee the interest...
Putin: energy prices close to ‘economically justified’ levels
Addressing the Russian-led Eurasian Economic Union conference in Moscow, Putin also raised the issue of energy shortages in Europe."Now energy prices are approaching economically...
Market assessment of Saudi energy minister’s statements sends oil prices skyrocketing
Market participants had speculated that the Saudi energy minister's remarks about speculators could be a sign that the OPEC+ alliance could discuss further production...
Supply shortage issues push up black gold prices
The "OPEC+" alliance meets again on June 4, and some analysts expect more cuts.For his part, Saudi Energy Minister Prince Abdulaziz bin Salman said...
Saudi Energy Minister: ‘OPEC+’ will continue to act proactively
During an address on the sidelines of the Qatar Economic Forum, the minister added that "OPEC+" has 3 objectives, which are "vigilance, initiative and...
Caution in oil trade as eyes turn to debt ceiling talks
Talks to raise the debt ceiling in the United States are set to resume in Washington on Monday, as markets fret over the continued...
OPEC Secretary General: Lack of investment can lead to volatility in...
He added at the "Middle East Oil and Gas 2023" conference in the United Arab Emirates that the world must focus on reducing greenhouse...
Despite Friday’s declines, Oil posts its first weekly gain in a...
Brent crude futures fell 28 cents, or 0.8%, to $75.58 a barrel at settlement, and U.S. West Texas Intermediate crude fell 25 cents, or...
Saudi Energy Minister: Coordination with OPEC+ boosts market stability
He also underlined the Kingdom's interest in cooperating with Arab countries in the field of energy, explaining that this is an "integral part" of...
China highlights strategic partnership with OPEC
Chan Jianhua's remarks came as part of the activities of the sixth high-level meeting of the OPEC-China energy dialogue, held in the Chinese capital,...
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Russia Ukraine war Day 1324: Kyiv grid hit, evacuations in Donetsk
KYIV — Before dawn the city went dark by districts, stairwells filling with the hard glow of phone flashlights as air raid sirens stitched...
Letitia James Indictment Tests DOJ and New York Politics
New York — The clash between legal process and political theatre narrowed to a few lines on a mortgage form, and then widened again...
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