Opec+ Plans Further Oil Output Increase: What It Means for Global Investors and Businesses
Opec+ is expected to approve a fourth consecutive increase in oil production targets by around 188,000 bpd from July, despite
Read More
Opec+ is expected to approve a fourth consecutive increase in oil production targets by around 188,000 bpd from July, despite
Read More
OPEC+ ministers meet to consider raising oil production quotas amid soaring prices caused by the Iran war blocking Gulf shipments.
Read More
Opec+ plans a third consecutive oil output hike of 188,000 bpd in June amid ongoing US-Iran conflict disrupting supply routes.
Read More
Seven OPEC+ members are set to decide on oil-production quotas following the UAE's recent withdrawal. This has heightened price pressures
Read More
Saudi Arabia has restored full oil pumping capacity through the East-West pipeline, reaching approximately seven million barrels per day. The
Read More
Oxy Oman, a subsidiary of Occidental Petroleum, saw a 9% rise in hydrocarbon output to 72K boe/d in 2025, up
Read More
Oman’s crude oil production will reach 821,000 bpd in May 2026 after an Opec+ decision to raise output by 5,000
Read More
Eight OPEC+ countries, including Saudi Arabia and Russia, expressed concern over Iran's attacks on energy infrastructure amid Middle East conflict.
Read More
Opec+ may approve an oil output increase on Sunday, but key members can't boost production due to the US-Israeli war
Read More
OQ Exploration & Production SAOG (OQEP) forecasts capital expenditures between $800 million and $900 million for 2026, managing 14 upstream
Read More