OPEC
Stay current with all the latest and breaking news from OPEC, compare headlines and perspectives between news sources on stories happening today. In total, 553 stories have been published about OPEC which Ground News has aggregated in the past 3 months.Stay current with all the latest and breaking news from OPEC, compare headlines and perspectives between news sources on stories happening today. In total, 553 stories have been published about OPEC which Ground News has aggregated in the past 3 months.
Top OPEC News
Europe · RiyadhSaudi Arabia and other OPEC oil producers are discussing an output increase, the group’s delegates said, a move that could help heal a rift with the Biden administration and keep energy flowing amid new attempts to blunt Russia’s oil industry over the Ukraine war.See the Story
Saudi Arabia Eyes OPEC+ Output Increase Ahead of Restrictions on Russian Oil
Coverage: 20 sources
BusinessOil swung between gains and losses amid firmer risk sentiment across markets as traders looked ahead to an OPEC+ meeting that will set supply levels for 2023.See the Story
Oil Fluctuates as Traders Look to China Shift, OPEC+ Meeting
Coverage: 2 sources
Asia · IndonesiaEnvironmental campaigners are glad Indonesia, Brazil and Congo will work together for the planet on ‘Opec for rainforests’ but are, nevertheless, still worried.See the Story
Tree-mendous? How Indonesia ecologists see new 3-nation rainforest deal
100% Center coverage: 1 sources
Latest News Stories
OPEC · NigeriaNigeria's production of crude had improved to about 1.3 million barrels per day from under 1 million barrels previously. The country hoped to meet its OPEC quota by May of next year. The new Dangote refinery is expected to come on stream in the first quarter of 2023.See the Story
Nigeria to meet OPEC output quota by May 2023, says Sylva
GoogleBrent crude futures fell 39 cents, or 0.4%, to $92.75 a barrel by 0133 GMT. U.S. West Texas Intermediate crude was at $85.31 a barrel, down 56 cents. OPEC cut its 2022 global oil demand growth forecast for a fifth time since April.See the Story
Oil prices slip on OPEC cut in demand forecast, China COVID cases
Coverage: 5 sources
Business · New YorkOPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April and further trimmed next year's figure, citing mounting economic challenges including high inflation and rising interest rates..See the Story
OPEC cuts oil demand growth forecast again as economic challenges mount
47% Right coverage: 17 sources
Business · New YorkOil prices rose on Tuesday, recouping losses from the previous session, as a weaker U.S. dollar offset widening COVID-19 curbs in China that have stoked fears of slowing fuel demand in the world's second-largest oil consumer.See the Story
Oil up more than 2% as weaker dollar offsets China COVID-19 concerns
46% Center coverage: 13 sources
Europe · ViennaThe Organization of the Petroleum Exporting Countries (OPEC) called on Monday for trillions of dollars to be invested in the oil sector, projecting a surge in fossil fuel production through 2045. The global petroleum sector will require a cumulative investment of $12.1 trillion, the cartel forecasted in its 2022 World Oil Outlook. Fossil fuels collectively expected to make up a 69.6 percent share of the energy mix by that time.See the Story
OPEC raises long-term oil demand view, calls for investment
57% Right coverage: 7 sources
Middle East · RiyadhSaudi Arabia and the United Arab Emirates are defending a decision by OPEC and its allies to cut oil production. A former Michigan police officer who shot a Black motorist in the back of the head will stand trial for second-degree murder. Police are investigating the collapse of a newly repaired 143-year-old suspension bridge.See the Story
Saudi, UAE back OPEC cuts as US envoy warns of 'uncertainty'
60% Center coverage: 35 sources
Business · RiyadhOPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict, in a forthcoming major report, despite the growing role of renewables and electric cars, two OPEC sources said.See the Story
OPEC expected to stick to view of long-term oil demand rise
46% Right coverage: 11 sources
US & Canada · WashingtonPresident Joe Biden is re-evaluating the U.S. relationship with Saudi Arabia after OPEC+ announced last week it would cut oil production, White House national security spokesman John Kirby said on Tuesday. See the Story
Biden to ‘Re-Evaluate’ Relationship With Saudi Arabia After Oil Production Cut
41% Left coverage: 63 sources
