Geo Politics in South Asia and MENA

Rising OPEC Plus supplies and new streams of oil coming online globally are increasing options for European and Asian refiners and weighing ...

Oil prices slipped in Asian trade on Wednesday on rising concerns of increasing OPEC Plus output and tariff tension that threatens the globa...

OPEC Plus leaders Saudi Arabia and Russia seems to be working to take over US shale production to win back market share from the United Stat...

According to OPEC’s first report of 2025, Iran maintained its position as the organization’s third-largest oil producer in December 2024, wi...

Saudi Arabia's crude oil exports witnessed a significant increase in December 2024, reaching about 6.33 million barrels per day (bpd), r...

According to Reuters, a mini OPEC Plus ministerial meeting scheduled next month is unlikely to recommend changing the group's output pol...

Saudi Arabia’s Minister of Energy, Prince Abdulaziz bin Salman, announced the Kingdom's ambitious plan to increase its oil production ca...

OPEC Plus agreed on Sunday to extend most of its deep oil output cuts for 2024 but to start phasing them out in 2025, as the group seeks to ...

Lately, Angola has relinquished its OPEC membership. Earlier Qatar, Indonesia had left the organization. These departures are not likely to ...

Crude oil prices fell nearly 4% on Wednesday as OPEC Plus producers delayed a meeting on output planned for Sunday, raising questions about ...

Saudi Arabia has decided to continue its voluntary cut of one million barrels per day, initially implemented in July 2023 and previously ext...

Saudi Arabia on Wednesday extended its one million barrel per day (bpd) voluntary crude oil production cut until the end of the year 2023. ...

Iran oil exports continue to increase in August, surging above two million barrels per day (bpd) which is their highest since the beginning ...

Historically, OPEC, led by Saudi Arabia had remained under the US pressure to move crude oil prices, the way the super power wanted. The rec...

According to Reuters, crude oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on e...

Iranian crude exports and oil output have hit new highs in 2023 despite US sanctions, according to consultants, shipping data and a source f...

Oil prices fell US$3 a barrel on Thursday as demand weakness and a report that the United States and Iran may be approaching a deal on oil e...

OPEC was founded in 1960 in Baghdad by Iraq, Iran, Kuwait, Saudi Arabia and Venezuela with an aim of coordinating petroleum policies and sec...

The surprise oil output cuts announced on Sunday by OPEC plus members illustrate their greater power over the market, given limited supply g...

OPEC Plus is likely to stick to its existing deal to cut oil output at a meeting on Monday, five delegates from the producer group told Reut...