With participants taking it as a given that the group will act when prices fall too far, moving the needle on Brent requires ...
India wants oil producers group OPEC and its allies to raise oil output as there are countries such as India where fuel demand is rising, the nation's oil secretary Pankaj Jain said on Thursday.
The US Dollar Index remains under pressure, trading at the lower boundary of September’s range.
The funding approvals were announced during the 189th Governing Board meeting held today, reinforcing the OPEC Fund’s ...
The OPEC Fund for International Development (the OPEC Fund) is significantly stepping up its development support with nearly ...
Nigeria has consistently failed to meet its oil production target for the 2024 budget as well as the OPEC quota of 1.58 ...
After years of high oil prices and tight control of the market, the tide is turning for OPEC+, and Big Oil may be about to crumple under the ...
Oil futures rise for the third time in four sessions as U.S. offshore production gradually recovers from last week’s Hurricane Francine, with market attention on this week’s Fed meeting.
The OPEC Fund for International Development has disbursed several loans to African countries for infrastructure development.
BAKU, Azerbaijan, September 10. OPEC fully supports Azerbaijan’s collaborative spirit for COP29, Haitham Al Ghais, OPEC ...
The OPEC Fund's Governing Board approved the following new projects in today's meeting and since its last meeting in June 2024. Public Sector Operations (in alphabetical order): Armenia ...