OPEC

Smuggled gasoline rescues Venezuelans running on fumes

by Luis Bravo with Margioni Bermudez in Caracas Agence France-Presse MARACAIBO, Venezuela (AFP) — Cheap gasoline smuggled over the border…

As neighbours build dams, Iraqis watch twin rivers dry up

by Haydar Indhar Agence France-Presse DIWANIYAH, Iraq (AFP) — With its neighbours activating new dams, Iraq's historic twin rivers could…

OPEC puts heads together over oil output cuts

by Benoît PELEGRIN Agence France Presse LONDON, United Kingdom (AFP) -- Top oil producers were trying to finalize a crucial…

OPEC, allies to seek response to coronavirus pandemic

by Benoît PELEGRIN Agence France-Presse LONDON, United Kingdom (AFP) -- OPEC and its allies will meet to discuss oil production…

Oil plunges over 5% on OPEC reports, coronavirus

LONDON, United Kingdom (AFP) -- World oil prices, already slumping on coronavirus fears, extended losses to more than 5.0 percent…

OPEC to try to stem oil price plunge amid coronavirus slowdown

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- The OPEC club of oil-producing countries meets Thursday in Vienna as they…

COVID-19 causing first drop in oil use in decade: IEA

  by Richard LEIN Agence France Presse Global oil demand will suffer its first quarterly drop in a decade as…

Virus highlights OPEC reliance on Chinese oil demand

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- Fears of an economic slowdown, fuelled by the coronavirus slashing output in…

OPEC extends oil output cuts after Moscow-Riyadh pact

by Roland JACKSON / Jastinder KHERA VIENNA, Austria (AFP) -- OPEC agreed Monday to extend by nine months daily oil…

OPEC faces output balancing act over US-Iran crisis

by Roland JACKSON LONDON, United States (AFP ) -- OPEC is on red alert over escalating US-Iran tensions that fuelled…

Saudi, UAE see sufficient oil supplies, rising stocks

JEDDAH, Saudi Arabia (AFP) -- OPEC kingpin Saudi Arabia and key producer United Arab Emirates said Sunday oil supplies were…

Oil producers meet to discuss output amid Iran tension

Major crude producers are set to meet Sunday to discuss how to stabilise a volatile oil market amid rising US-Iran…

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