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Earlier today
Oil dynamics The Statesman05:15 9-Dec-23
Greenpeace Response to OPEC Letter at COP28 Greenpeace (Press Releases)02:56 9-Dec-23
In the last 7 days
Oil climbs 2pc but still headed for seventh weekly drop The News International21:39 8-Dec-23
Opec+ production edges down in November Argus Media15:31 8-Dec-23
Crude prices may bounce back on stronger demand The Financial Express14:02 8-Dec-23
Dubai crude slumps on week amid demand slowdown concerns Quantum Commodity Intelligence08:57 8-Dec-23
Dubai crude slumps on week demand slowdown concerns Quantum Commodity Intelligence08:37 8-Dec-23
Oil on track for seven-week decline Financial Mail08:15 8-Dec-23
Can OPEC+ Boost Oil Prices Next Year? OilPrice.com20:53 7-Dec-23
International factors drove retail fuel prices higher Australian Competition and Consumer Commission (Press Release)19:19 7-Dec-23
Oil futures: Brent trading near 5-month lows at mid-$70s/b Quantum Commodity Intelligence12:07 7-Dec-23
Russia and Saudi Arabia urge OPEC+ to join oil cuts Middle East Monitor12:02 7-Dec-23
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10 Dec 10:11

About our OPEC news

Latest news on OPEC, the Organisation of the Petroleum Exporting Countries, which is an organisation enabling the co-operation of leading oil-producing countries, in order to collectively influence the global market and maximise profit. OPEC+ is a larger group that includes OPEC and 10 other major oil producing countries such as Russia, that have aligned with OPEC to form an alliance to have more control on the global crude oil market. OPEC and OPEC+ influence oil prices by setting production targets for their member nations, which affect the supply and demand of oil in the world. At the start of April 2023, OPEC+ announced a surprise oil production cut that will exceed one million barrels a day, curtailing supply from May 2023 despite a recovery in prices from 15-month lows. This decision caused oil prices to surge.

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