OPEC+ Latest Move: Modest Impact but Key Psychological Shift for Global Oil Markets and Investors
Sunday’s decision by OPEC+ members, including Oman, to increase oil output by 137,000 barrels per day starting October underscores a
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Sunday’s decision by OPEC+ members, including Oman, to increase oil output by 137,000 barrels per day starting October underscores a
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OPEC+ is poised to raise oil output, slowing increases due to dwindling global demand. They’ve reversed output cuts, adding 2.5
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OPEC+ may consider raising oil production at a meeting on Sunday to regain market share, potentially unwinding output cuts of
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OQ Exploration and Production (OQEP) successfully commissioned the Bisat-C Expansion Facilities in Block 60, boosting oil processing capacity to 67,000
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OQ Exploration & Production posted H1 2025 EBITDA of RO 317.4M ($825.6M) and revenue of RO 428.1M ($1.1B). Cash flow
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The recent decision by eight OPEC+ countries, including Oman, to cut production by 547,000 bpd in September 2025 is praised
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An OPEC+ panel is unlikely to change plans to raise oil output when it meets Monday, as summer demand helps
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Petroleum Development Oman (PDO) generated about $22.5 billion in revenue for the government in 2024, marking a notable increase from
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