OPEC
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worldOil Prices Spike Above $126 Amid Stalled Iran Talks and New Military Options
Brent crude surged over 7% to $126/barrel as US-Iran tensions escalate after stalled negotiations on reopening the Strait of Hormuz.
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financeUS Gas Prices Surge Despite Low OPEC Reliance: A Global Market Conundrum
Explore why American gasoline prices are soaring, even as the U.S. imports minimal oil from OPEC and boasts record domestic production. Understand the global market dynamics at play.
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worldWorld Bank Warns Iran Conflict Could Spark 24% Energy Price Surge
A World Bank report forecasts a significant jump in energy prices due to the Iran war, impacting global inflation and economic growth.
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worldUAE Exits OPEC, Prioritizing National Interests in Global Energy Shift
The United Arab Emirates announced its departure from OPEC, citing a strategic shift to focus on national interests and investor commitments in a changing global energy landscape.
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worldUAE Exits OPEC, Ending 50-Year Membership
The United Arab Emirates announces its departure from the OPEC oil cartel, citing production policy reviews and geopolitical shifts. The decision takes effect May 1.
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worldUAE Exits Opec, Signaling Major Shift in Global Oil Cartel
The United Arab Emirates has announced its departure from Opec and Opec+ after nearly six decades, impacting the cartel's capacity and market management.
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worldIEA Warns of Unprecedented Energy Crisis Fueling Oil Price Hikes
International Energy Agency chief Fatih Birol warns of the largest energy security threat in history, driven by Middle East conflict, leading to significant oil price increases.
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financeBrent Oil Hits Record Monthly Gain Amid Middle East Tensions
Brent futures surge as Middle East conflict fuels supply fears, with OPEC output dropping sharply in March.