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As crude prices steadily climb to US$ 100 a barrel, Middle Eastern OPEC producers have no plans to increase production beyond their OPEC+ quotas, a gathering of ministers this weekend has made clear.
President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...
TASS/. Middle East countries' share in global oil and condensate exports may grow to 58% by 2050 compared to 49% in 2023, according to the long-term OPEC World Oil Outlook. At the same time ...
or OPEC. The intergovernmental organization — which has since expanded to 13 members across the Middle East, Africa and South America — aims to coordinate its members' policies to influence ...