OPEC Production Falls in August as Middle-East Conflict and Iran Sanctions Stall Planned Increase
When OPEC released its August production figures, the numbers read like a warning bell. Output slipped to 19.71 million barrels pe...
News About OPEC
5 articles tagged OPEC.
OPEC Oil Output Falls in August Amid Saudi Export Disruptions and U.S. Blockade of Iran
In August 2026, the 11 member countries of the Organization of the Petroleum Exporting Countries (OPEC) produced an average of 19....
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...
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...