OPEC Archives

Global markets face disruption amid $17.3 trillion oil shock warning

basrahdaily.comJanuary 6, 2026January 7, 2026

January 6, 2026January 7, 2026

CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...

Business

OPEC+ reaffirms production plan based on healthy market trends

basrahdaily.comApril 4, 2025April 4, 2025

April 4, 2025April 4, 2025

The eight OPEC+ countries that had previously undertaken voluntary production adjustments have reaffirmed their coordinated efforts to support global oil market stability in response to...

Oil prices fall 1 percent amid weak economic data from US and Germany

basrahdaily.comJanuary 6, 2025January 6, 2025

January 6, 2025January 6, 2025

Oil prices fell by approximately 1% on Monday during volatile trading, following weak economic data from the United States and Germany. The decline ended a...

Oil prices rise to highest levels since October on tightening US stockpiles

basrahdaily.comJanuary 3, 2025January 3, 2025

January 3, 2025January 3, 2025

Oil prices surged in the first trading session of 2025, marking the highest levels since October, as U.S. crude stockpiles registered another decline and technical...

Business

Kuwait oil rises $4.5, reaching $75.40 per barrel on market concerns

basrahdaily.comOctober 3, 2024October 3, 2024

October 3, 2024October 3, 2024

MENA Newswire News Desk: Kuwait crude oil prices saw a sharp increase of $4.5, reaching $75.40 per barrel on Wednesday, compared to $70.90 the previous...

Business

Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance

basrahdaily.comSeptember 9, 2024September 9, 2024

September 9, 2024September 9, 2024

MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and...

Business

Oil prices fall as OPEC+ considers October production increase

basrahdaily.comAugust 31, 2024August 31, 2024

August 31, 2024August 31, 2024

Oil prices fell sharply on Friday as insider reports indicated that OPEC+ might begin increasing its production as early as October. The news, which came...

Business

OPEC secretary general advocates for integrated energy approach

basrahdaily.comAugust 22, 2024August 22, 2024

August 22, 2024August 22, 2024

In a statement released Wednesday, Haitham Al Ghais, the Secretary-General of OPEC, addressed common misconceptions about the competition between oil and electrification, emphasizing the collaborative...

Business

OPEC highlights continuous economic growth in UAE

basrahdaily.comAugust 13, 2024August 13, 2024

August 13, 2024August 13, 2024

The United Arab Emirates is experiencing continued growth in key economic sectors, according to the latest report from the Organisation of the Petroleum Exporting Countries...

Business

OPEC predicts 2.25 million bpd surge in global oil demand

basrahdaily.comApril 11, 2024April 11, 2024

April 11, 2024April 11, 2024

The Organisation of the Petroleum Exporting Countries (OPEC) announced Thursday that it anticipates a surge in world oil demand, projecting an increase of 2.25 million...

Tag : OPEC

Global markets face disruption amid $17.3 trillion oil shock warning

OPEC+ reaffirms production plan based on healthy market trends

Oil prices fall 1 percent amid weak economic data from US and Germany

Oil prices rise to highest levels since October on tightening US stockpiles

Kuwait oil rises $4.5, reaching $75.40 per barrel on market concerns

Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance

Oil prices fall as OPEC+ considers October production increase

OPEC secretary general advocates for integrated energy approach

OPEC highlights continuous economic growth in UAE

OPEC predicts 2.25 million bpd surge in global oil demand

MEAPMP Launches: Revamped Independent Ad-Tech & Premium Media Buying Across MEA

OpenAI deals bring frontier AI to ADNOC and Abu Dhabi Government

Indonesia posts $10.6 billion trade surplus on non-oil exports

Sam Altman calls UAE most forward-looking country on AI

Sheikh Mohamed receives Markus Söder to boost UAE-Bavaria ties

Africa’s top banks build war chest for Kenya takeover deals

Business

Indonesia posts $10.6 billion trade surplus on non-oil exports

Africa’s top banks build war chest for Kenya takeover deals

South Korea’s exports hit record $115.3 billion on chip boom

News

OpenAI deals bring frontier AI to ADNOC and Abu Dhabi Government

Sheikh Mohamed receives Markus Söder to boost UAE-Bavaria ties

India’s extreme poverty falls to 2.6% under Modi’s growth push

Health

Dengue kills 173 in October as Bangladesh toll climbs to 418

Ebola deaths in DR Congo reach 5,340, fatality rate at 51.6%

Ebola death toll in DR Congo nears 4,900 as cases pass 10,000

Automotive

Jaguar Type 01 electric GT debuts with 1,030 PS

Porsche to cut 5000 more jobs under restructuring plan

Japan new car sales rise 1.8% in first half of 2026