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OPEC

World news about “OPEC” published by euronews.

14/05 14:59 CET

Oil crisis for OPEC?

Oil crisis for OPEC?

Rising production of shale oil in the United States is going to help meet most of the world's new demand for crude over the next five years, according to the International Energy Agency. And that will be the case even if the global economy improves. That means the mostly…

  • OPEC holds production levels
    14/06 19:13 CET

    OPEC holds production levels

    The Organisation of Petroleum Exporting Countries, OPEC has agreed to hold their countries oil output at current levels of 30 million barrels…

  • OPEC holds oil price firm, welcomes back Iran
    04/12 15:56 CET

    OPEC holds oil price firm, welcomes back Iran

    OPEC’s latest meeting at its Vienna headquarters welcomed back a lost member, Iran, and decided to maintain the status quo for another six…

  • Epic OPEC oil embargo marks 40th anniversary
    16/10 15:46 CET

    Epic OPEC oil embargo marks 40th anniversary

    It is forty years since the Organisation of Petroleum Exporting Countries – OPEC effectively held the US to ransom. It was October and…

  • OPEC cuts forecast for world oil demand
    10/10 17:48 CET

    OPEC cuts forecast for world oil demand

    The latest monthly report from the Organisation of Petroleum Exporting Countries (OPEC) is out. In it, OPEC lowers its forecast for world…

  • OPEC keeps output target
    12/12 15:58 CET

    OPEC keeps output target

    OPEC’s oil ministers have agreed to keep the cartel’s output unchanged at 30 million barrels a day. But experts think the producers may soon…

  • Oil rises on stimulus hopes and supply problems
    09/08 14:10 CET

    Oil rises on stimulus hopes and supply problems

    Brent crude oil was up for a fifth straight session on Thursday – briefly it went above $113 a barrel. The main reason – investor hopes for…

  • OPEC sees oil demand growth slowing
    11/07 16:36 CET

    OPEC sees oil demand growth slowing

    The energy cartel OPEC is predicting that the growth in demand for oil – which is already weak so far this year – will continue to slow next…

  • OPEC set to hold production levels
    14/06 14:44 CET

    OPEC set to hold production levels

    The Organisation of Petroleum Exporting Countries, OPEC is set to agree to hold their countries oil output at current levels of 30 million…

  • OPEC: Saudi Arabia producing too much oil
    12/06 20:44 CET

    OPEC: Saudi Arabia producing too much oil

    OPEC has called on Saudi Arabia to cut oil production ahead of a two-day conference in Vienna. The Organisation of Petroleum Exporting…

  • Demand issues drag down oil prices
    08/05 15:23 CET

    Demand issues drag down oil prices

    Crude prices continue to slide as economic slowdowns on both sides of the Atlantic boost fears of lower oil demand. Traders are worried by…

  • OPEC reaches oil output deal
    14/12 16:13 CET

    OPEC reaches oil output deal

    OPEC oil producers have agreed a new production limit that keep output at about the level it is currently. Iran had wanted to cut…


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