OPEC cuts oil demand forecast for 2024 due to weak intake from China

Aug 12, 2024

The Organization of the Petroleum Exporting Countries (OPEC) has slightly revised down global crude oil demand forecast for 2024, citing softer intake by China.

OPEC Secretary-General Mohammad Barkindo passes away

Jul 06, 2022

Abuja [Nigeria], July 6 : Organization of the Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away on Tuesday in his home country,...

OPEC Secretary General Mohammad Sanusi Barkindo passes away at 63

Jul 06, 2022

Abuja [Nigeria], July 6 : Organization of the Petroleum Exporting Countries' (OPEC) Secretary-General, Mohammad Sanusi Barkindo, passed away at his home country Nigeria at...

Crude oil prices plunge by 541 points despite OPEC+ extending production cuts until 2025

Jun 04, 2024

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, revealed that they would continue to enforce substantial oil production...

Dharmendra Pradhan calls for responsible steps to achieve global energy stability

Jun 04, 2020

New Delhi [India], June 4 : Petroleum and Natural Gas Minister Dharmendra Pradhan on Thursday held a discussion through video conference with Organisation of...

UAE continues to demonstrate robust growth in non-oil sectors: OPEC

May 14, 2024

The Organisation of the Petroleum Exporting Countries (OPEC) said today that the "UAE continues to demonstrate robust growth in its non-oil sectors, driven by...