The Organization of the Petroleum Exporting Countries (OPEC+) expressed excitement about the prospect of Namibia partnership and …
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forex newsThe Watch
Oil hits 5-month peak on early Thursday trade following OPEC+ decision
by Aya Anwarby Aya AnwarOil surged to approach a five-month peak following OPEC+’s decision to uphold current production cuts until the …
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OPEC+ ministers kept output policy unchanged due to the oil market aligning with the group’s preferences, production …
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China Petroleum & Chemical Corp., Sinopec, announced a 9.9 per cent decrease in net profit for 2023 …
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International NewsNewsTech/AI
OPEC head sees share of Indian oil imports to grow again
by Nada Aliby Nada AliThe Organisation of the Petroleum Exporting Countries (OPEC) is poised to win a bigger share of India’s …
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Featureforex newsInternational NewsNewsThe Watch
Oil prices rise after OPEC+ keeps policy change off agenda
by Nada Aliby Nada AliOil prices rose slightly on Thursday after OPEC+ sources said that the producer group’s meeting left production …
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FeatureInternational NewsNews
OPEC expects global oil demand at 1.8 mb/d in 2025
by Nada Aliby Nada AliThe global oil demand growth is expected to see a robust increase of 1.8 million barrels a …
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Africa NewsIndustry & TradeInternational NewsNewsTech/AI
Angola is leaving OPEC over output cut disagreement
by Yomna Yasserby Yomna YasserAngola is leaving the Organization of the Petroleum Exporting Countries (OPEC) as membership is not serving its …
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International NewsTech/AI
S&P raises OPEC Fund rating after signing new $600mln financing
by Aya El Sayedby Aya El SayedS&P Global Ratings, an international ratings agency, raised the long-term issuer credit rating of the OPEC Fund …
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FeatureInternational NewsMENA News
OPEC rejects fossil fuel Phase-Out plan at COP28
by Aya El Sayedby Aya El SayedOPEC faced backlash on Saturday, during the COP28 in Dubai, after the Kuwaiti secretary general sent a …
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