OPEC Plus announces oil output cuts of around 1.16 mbpd

Apr 02, 2023

Riyadh, Saudi Arabia's capital and main financial hub said it would cut output by 500,000 barrels per day, or BDP, from May until the...

OPEC Plus will continue oil output cuts as prices remain unchanged

Jun 04, 2023

OPEC described the move as aiming to "achieve and sustain a stable oil market, and to provide long-term guidance for the market, and in...

OPEC+ to hold in-person meet next week

Oct 01, 2022

Vienna [Austria], October 1 : Organization of the Petroleum Exporting Countries (OPEC) Plus is set to hold its meeting in Vienna next week, the...

UAE may withdraw from OPEC plus over tensions with Saudi Arabia, Russia

Nov 19, 2020

Abu Dhabi [UAE], November 19 (ANI/Sputnik): With tensions running high between the United Arab Emirates and its petroleum allies, Saudi Arabia and Russia, Abu...

Relationship with India is solid, says OPEC Secretary General

Feb 07, 2023

In an exclusive interaction with ANI, OPEC Secretary General Haitham Al Ghais said that reduced oil import by India with OPEC countries doesn't affect...

India is clear about its policy regarding oil purchases, will buy oil from wherever it has to: Hardeep Singh Puri

Oct 08, 2022

Washington [US], October 8 : India has reiterated its choice of importing oil from countries like Russia after OPEC Plus, a consortium of oil-producing...