OPEC Archives

Bitcoin and crypto markets react to global $17.3 trillion oil shock

qatarinformer.comJanuary 6, 2026January 7, 2026

January 6, 2026January 7, 2026

CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...

Business

OPEC+ to gradually restore oil output with flexible adjustment

qatarinformer.comApril 4, 2025April 4, 2025

April 4, 2025April 4, 2025

OPEC+ to raise oil output by 411,000 bpd in May as market outlook strengthens, maintaining flexible adjustment plans....

Business

Brent down 3% after hitting 3-year low on US crude build, OPEC+ hike

qatarinformer.comMarch 5, 2025March 5, 2025

March 5, 2025March 5, 2025

Oil prices slipped as Brent crude dropped 3%, pressured by a sharp rise in US crude stockpiles and the OPEC+ decision to increase production....

Crude extends gains amid OPEC+ uncertainty and weaker U.S. dollar

qatarinformer.comFebruary 21, 2025February 21, 2025

February 21, 2025February 21, 2025

Oil prices extended gains, settling above $72 a barrel as supply concerns, OPEC+ policy uncertainty, and a weaker U.S. dollar supported crude amid market volatility....

Oil prices rise to highest levels since October on tightening US stockpiles

qatarinformer.comJanuary 3, 2025January 3, 2025

January 3, 2025January 3, 2025

Oil prices surged to multi-month highs as US crude stockpiles fell for the sixth straight week, boosting WTI and Brent amid tightening supplies and bullish...

Business

Saudi Arabia’s non-oil economy grows 4.9% in second quarter of 2024

qatarinformer.comSeptember 9, 2024September 9, 2024

September 9, 2024September 9, 2024

Saudi Arabia’s non-oil economy grew 4.9% in Q2 2024, powered by financial and insurance gains, supporting the Kingdom’s Vision 2030 focus on reducing oil dependence....

Business

OPEC secretary general advocates for integrated energy approach

qatarinformer.comAugust 22, 2024August 22, 2024

August 22, 2024August 22, 2024

OPEC chief highlights the synergistic roles of oil and electrification in the global energy mix....

Business

UAE economy shows robust growth in non-oil sectors

qatarinformer.comAugust 13, 2024August 13, 2024

August 13, 2024August 13, 2024

The UAE sees continued economic growth in non-oil sectors like real estate, tourism, and manufacturing, according to OPEC's latest report....

Business

OPEC predicts 2.25 million bpd surge in global oil demand

qatarinformer.comApril 11, 2024April 11, 2024

April 11, 2024April 11, 2024

OPEC projects 2.25M bpd surge in global oil demand for 2024-2025. Robust outlook amid geopolitical tensions....

Business

Global oil dynamics shift as OPEC+ agrees on 2 million bpd cut

qatarinformer.comNovember 30, 2023November 30, 2023

November 30, 2023November 30, 2023

In a pivotal move, OPEC+ members, responsible for over 40% of global oil supply, have agreed to substantial voluntary production cuts for early next year....