OPEC+ | Omanet

The UAE quit OPEC and OPEC+, weakening the oil-exporting groups led by Saudi Arabia amid the Iran war energy shock.

Oman’s crude oil production will reach 821,000 bpd in May 2026 after an Opec+ decision to raise output by 5,000

Eight OPEC+ countries, including Saudi Arabia and Russia, expressed concern over Iran's attacks on energy infrastructure amid Middle East conflict.

Opec+ may approve an oil output increase on Sunday, but key members can't boost production due to the US-Israeli war

Opec+ may raise oil output by over 411,000 bpd in response to US-Israeli war on Iran and shipment disruptions via

Key OPEC+ members, including Saudi Arabia and Russia, agreed to increase oil production quotas by 206,000 bpd starting April, citing

OPEC+ is leaning towards resuming oil output increases from April, aiming to meet peak summer demand amid US-Iran tensions boosting

OPEC+ plans to maintain its pause on oil output increases for March, with Brent crude near $70 amid concerns over

Oil prices hit seven-week highs as Iran cracks down on protests, risking export declines. Venezuela's expected export resumption limits gains.

OPEC+ is expected to keep oil output steady despite tensions between Saudi Arabia and the UAE, and U.S. capturing Venezuela's

Blog