The OPEC Fund Rating Upgraded to AA+, With a Stable Outlook
The stable outlook shows that the risk-averse management team of the OPEC Fund and its enhanced ...
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Russia Prefers to Keep Oil Output Unchanged Ahead of OPEC+ Meeting
Russia has little to no extra advantage by reducing its oil supply like its Arab counterparts ...
OPEC+ announces surprise million-barrel cut from May as a ‘precautionary measure’
The OPEC+ oil producers have called the decision a ‘precautionary measure’ directed at supporting the stability ...
Opec Raises 2023 Oil Demand Growth View, Points to Tighter Market
The Organisation of the Petroleum Exporting Countries (OPEC) said in their monthly report that global oil ...
OPEC: China To Boost Oil Demand By Up To 500,000 BPD
OPEC Secretary General stated that the reopening of the Chinese economy after the covid restrictions will ...
Oil price picks up over 2% after OPEC+ kept Output targets steady
The Organization of Petroleum Exporting Countries (OPEC) and allies including Russia, together called OPEC+ on Sunday ...
Capping Oil Price Will Be Aimed Only At Russia; OPEC Not In the List: United States
A United States treasury official confirmed on 19th October that the plan for capping oil prices ...
Nigeria to join Africa’s new Cocoa OPEC in 2022
The Living Income Differential system set in place by cocoa producers shall soon see Nigeria joining ...
OPEC Fund to inspire economic growth in African countries; approves fund of USD 352 million
The OPEC Fund will prove to be profitable chiefly to African nations
Oil Prices Record Weekly Loss Despite Global Supply Set To Expand
Oil prices edged higher but were prepared for a weekly loss, as a potential increase in ...
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