OPEC

Oil prices edged higher on Friday but remained on track for a weekly decline as investors weighed fragile prospects of a breakthrough in US-Iran peace talks. Brent crude futures rose …

The United Arab Emirates has announced it will withdraw from OPEC and OPEC+ effective May 1 2026 delivering a stunning blow to the oil

Islamabad: The latest report from the International Monetary Fund (IMF) on Pakistan’s economic outlook for the fiscal year 2025 suggests that the country’s growth will likely remain stable, with some …

OPEC has marginally revised its oil demand forecast for 2025, citing the potential negative effects of recently announced U.S. tariffs on global economic activity. Despite this adjustment, the group remains …

Islamabad, April 07: Oil prices extended their steep decline on Monday, falling over 3% as fears of a global economic downturn intensified following fresh escalations in the U.S.-China trade conflict. The …

At the World Economic Forum in Davos, Donald Trump called for lower global oil prices, interest rates, and taxes, while threatening tariffs on imports. His speech signaled a shift in …

Oil Prices ascent as OPEC+ Nations hold their output targets steady: Oil Prices ascent as OPEC+ Nations hold their output targets steady Monday saw a little increase in oil prices …

A few months ago, the crude oil prices touched $126/barrel level, the highest-ever, but later on prices starting falling gradually due to various reasons.

Wrong decision of the European Union to ban Russian oil has led to further unwanted increase in oil and gas prices at a time when the world is already experiencing …

OPEC+ has stuck to its 2020 agreement, under which the alliance members raise total production each month by the modest amount of 430,000 barrels a day. But Russia’s output has …