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OPEC at 65: building on a proud past for a successful future
12 Sep 2025 19:45 GMT
…
The official website of the Organization of the Petroleum Exporting Countries (OPEC) has published an article … , namely Abdullah al-Tariki of Saudi Arabia, Juan Pablo Pérez Alfonzo … absence of OPEC’s spare capacity – in particular, from Saudi Arabia – the …
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OPEC at 65: From Baghdad hall to global oil powerhouse
12 Sep 2025 21:58 GMT
… gave birth to the Organization of the Petroleum Exporting
Countries (OPEC), now one of … s Talaat al-Shibani, Saudi Arabia’s Abdullah al … bitter disputes among members. OPEC then
introduced a quota … crises. A Saudi research center
estimated OPEC’s spare capacity …
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Iran heavy crude stands at $69.18 in August as OPEC output rises
12 Sep 2025 12:25 GMT
… in line with declines across OPEC’s basket of crudes, the … $3.29 for forward delivery.
OPEC crude production rose by 478 … .22 million bpd.
Production by OPEC’s allies in the wider … OPEC+ agreed on Sunday to raise production quotas from October, as Saudi …
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Saudi Exports Poised to Surge as Output and External Demand Rise
12 Sep 2025 07:16 GMT
… this year.
Aramco and Saudi authorities have scaled back domestic … At the same time, OPEC+—with Saudi Arabia in the lead— … China are also growing. Saudi crude allocations to China … on Brent crude pricing.
Despite OPEC+ maintaining optimistic demand forecasts, …
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ITFC, Saudi EXIM, OPEC Fund seal $100m deal to boost Bangladesh fertilizer imports
12 Sep 2025 01:06 GMT
… ITFC), Saudi Export-Import Bank (Saudi EXIM), and the OPEC Fund for … noted the agreement advances Saudi Arabia’s non-oil … expand market access for Saudi fertilizers while reinforcing global … economic integration,” he said.
OPEC Fund President, Dr. Abdulhamid …
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Nigeria’s Oil Production Slumped In August – OPEC
12 Sep 2025 00:43 GMT
… Exporting Countries (OPEC) released on Thursday.
Using OPEC crude oil production … MOMR, using direct communication, Saudi Arabia was 9.525mbpd in … report on World Oil Demand, OPEC said: “Global oil demand … .”
On World oil supply, OPEC said: “Non-DoC liquids …
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Saudi Crude Sales to China Set for October Jump amid Deep Price Cut
12 Sep 2025 00:35 GMT
… the August levels when the Saudi shipments hit their highest … .
Early this week, however, Saudi Arabia slashed the price of … price cut, which followed OPEC+’s announcement it is tapping … top crude-importing region.
The Saudis are also reportedly asking Asian …
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World oil market to see higher surplus after Opec+ hike, IEA says
11 Sep 2025 22:21 GMT
… OPEC+ is adding more crude to the market after the Organization of the Petroleum Exporting Countries … such as OPEC.
Also on Thursday, OPEC maintained its … October as its leader Saudi Arabia pushes to regain … bpd, with growth from OPEC+ and producers outside …
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Opec-Plus Crude Oil Output Skyrockets in August
11 Sep 2025 20:41 GMT
Crude oil production by Opec-plus soared by nearly 800, … reassessment of July output as Saudi Arabia tapped inventories that it … unwinding by eight members, the Opec-plus 18 has increased output … /d has come from Saudi Arabia and the United Arab …
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OPEC Still Sees Tight Oil Market Despite Supply Increases
11 Sep 2025 18:04 GMT
… wider industry.
The Organization of the Petroleum Exporting Countries and its partners will … show.
Key OPEC+ members led by Saudi Arabia agreed at … only modestly even as OPEC+ announced plans to swiftly … Inc. Last year, OPEC slashed demand projections for …