OPEC+ Boosts Production by 188,000 BPD in September as Strait of Hormuz Constraints Persist
In a quiet virtual gathering, seven OPEC+ members—Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman—agreed to l...
News About OPEC
3 articles tagged OPEC.
UAE Surpasses 4-Million-Barrel Record as Gulf Oil Production Rebounds Amid Strait of Hormuz Tensions
In June 2026, the United Arab Emirates shattered its own ceiling, lifting crude output to 4.1 million barrels per day (bpd)—the ...
Iraq Threatens OPEC Exit Over Production Quota, Calls for Significant Increase
Iraq has warned that it may withdraw from the Organization of the Petroleum Exporting Countries (OPEC) if the cartel does not rais...