Geo Politics in South Asia and MENA

Traders often say that OPEC’s primary role is to support oil prices. That’s been the dominant narrative for decades. However, this week told...

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

OPEC oil output fell in December 2024 after two months of increases, a Reuters survey found. The drop from the United Arab Emirates (UAE) du...

No sooner had OPEC Plus depressed market sentiment by admitting a potential rollover of its cuts into 2025, Iran reemerged as the main talki...

According to Reuters, OPEC oil output rose in July, as a rebound in Saudi Arabian supply and small increases elsewhere offsetting the impact...

Iran has become the fourth largest oil exporter within the Organization of the Petroleum Exporting Countries (OPEC) due to a surge in oil pr...

According to Reuters, Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon e...

The Organization of Petroleum Exporting Countries (OPEC) in its latest monthly report has said that Iran’s oil production volume increased b...

According to Reuters, OPEC oil output declined in March 2024, reflecting lower exports from Iraq and Nigeria against a backdrop of ongoing v...

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

Saudi Arabia and Russia, the world's two biggest oil exporters, on Thursday called for all OPEC+ members to join an agreement on output ...

The Ministry of Energy announced that Saudi Arabia plans to prolong its one million barrels per day voluntary production cut, initiated in J...

OPEC Plus oil producers are likely to agree output cuts of at least one million barrels per day (bpd) for early next year led by Saudi Arabi...

OPEC Plus is most likely to consider additional oil supply cuts when the group meets on November 26. It may be prudent approach because oil ...

Reportedly, Iran has managed to push its oil output to 3.15 million barrels per day (bpd), the highest since 2018, the year Washington re-im...

Iran continued to increase its oil production in August to reach three million barrels per day (bpd) and stand at the third place among OPEC...

The Joint Ministerial Monitoring Committee (JMMC) of OPEC Plus affirmed on Friday the current levels of oil production of the group and didn...

The western mantra to get rid of fossil oil is getting louder. There are suggestions that countries have to take extra measures to contain c...

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman earlier this month outlined one of the biggest reforms at OPEC in recent years and...

Saudi Energy Minister Prince Abdulaziz bin Salman said that the decision to cut oil production is a precautionary one. “We will continue to ...