Tag: OPEC
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Marco Rubio India visit, US pushes Venezuelan crude exports to India as Washington seeks to reshape global oil supply and challenge OPEC
US Secretary of State Marco Rubio has signalled that Washington wants to expand Venezuelan crude supplies to India, with Venezuela's interim president also expected...
OPEC+ countries agree modest rise in production as Iran retains chokehold on key Strait of Hormuz
Seven countries in the OPEC+ grouping of oil-producing countries — including Saudi Arabia and Russia — say they've decided to a modest increase in...
UAE exits OPEC: What forced the West Asian nation to junk the oil cartel amid the US-Iran war? Explained
अमेरिका-ईरान युद्ध: होर्मुज जलडमरूमध्य मार्ग में व्यवधान और अमेरिका-ईरान युद्धविराम वार्ता में गतिरोध के बीच, संयुक्त अरब अमीरात ने 1 मई 2026 को तेल...
UAE to leave OPEC: Significance, production capacity status and past stand-offs
The United Arab Emirates has announced that it will be leaving the Organization of Petroleum Exporting Countries (OPEC) and its alliance OPEC+ starting Friday,...
Russia says OPEC+ will continue after UAE exit, no price war expected
Russia's Deputy Prime Minister Alexander Novak said on Thursday that the OPEC+ group of leading oil producers would continue working together despite the departure...
