Gold continues upward climb, scaling one-year high racing past $2,000 an ounceApril 4, 2023 Gold prices have surged past $2,000 an ounce, scaling one-year highs, as the US dollar and yields weakened. This follows…
Saudi Arabia and OPEC+ allies agree to cut oil output by 1.16 million bpdApril 2, 2023 Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day on…
Oil producers from OPEC and non-OPEC sign historic declarationDecember 12, 2022 Ten non-OPEC oil-producing countries and OPEC Member Countries signed the Declaration of Cooperation (DoC) on 10 December 2022. At the…
UAE plays a crucial role in securing global energy supplies – OPECAugust 3, 2022 As one of the world’s largest oil producers, and considering future directions to increase energy productivity, Haitham Al Ghais, Secretary-General…
OPEC Fund for International Development lends $40 million to KosovoJune 10, 2022 The OPEC Fund for International Development (OFID) has extended a $40 million loan to Kosovo to support the Public Finances…
