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Latest News for: Opec

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Oil surges toward $120 as Iran war shuts Hormuz, OPEC output falls

Invezz 09 Mar 2026
Brent crude climbed as much as 29% to $119.50 per barrel, marking its biggest intraday move since April 2020 ... Iraq, the second-largest OPEC producer, has been forced to scale back output significantly ... “We’re nowhere near normal traffic right now ... ....
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Iran war forces OPEC nation to limit production

The Independent 07 Mar 2026
The 10th largest oil ...
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OPEC+ to Mull Output Hike After Iran Strikes Spark Supply Concerns

Al Anbat 07 Mar 2026
OPEC+ is considering a larger increase in oil production following reported strikes on targets in Iran, raising concerns about supply disruptions in the oil-rich region, according to a Bloomberg report citing an OPEC+ delegate.
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US mulling seizure of strategic Kharg Island, Iranian oil

The New Arab 07 Mar 2026
A senior US official vowed to take control of Iran's oil on Friday as the devastating regional conflict triggered by the US-Israeli war on Iran neared its second week ... ....
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OPEC+ Agrees to Modest Oil Production Increase

Al Anbat 06 Mar 2026
OPEC+ nations have reached an agreement to slightly increase oil production.
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Oil News: Crude Oil Futures Jump as War Threatens OPEC Production Flows

FX Empire 06 Mar 2026
Crude oil futures surge above $86 ...
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OPEC+ Meeting in Focus Amid Middle East Tensions

Al Anbat 06 Mar 2026
Global markets are closely watching as OPEC+ holds a virtual meeting today, against a backdrop of escalating geopolitical tensions in the Middle East ... strike on Iran might not necessarily alter OPEC+'s decision ... .
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The Great Rebalancing Act: OPEC+ Navigates Geopolitical Firestorms Amidst a Looming 2026 Oil Glut

The Call 06 Mar 2026
OPEC+ is currently attempting a high-stakes "cautious unwinding" of its historic production cuts, moving to restore millions of barrels to a market that—on paper—does not yet need them ... For OPEC+, the ...
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Oil Price Forecast: Qatar’s Energy Minister Warns of Potential $150 Per Barrel Surge

Bitcoin World 06 Mar 2026
Minister Al-Kaabi’s warning represents one of the most significant oil price forecasts from a senior OPEC+ official this year ... Production discipline among OPEC+ members continues to influence global supply.
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OPEC+ Agrees to Modest Oil Output Increase Amidst Market Stability Focus

Al Anbat 06 Mar 2026
OPEC+ nations have agreed to a marginal increase in oil production, signaling a commitment to market stability amidst global economic uncertainties ... OPEC+ nations reiterated their commitment to full ...
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Oil Prices Surge Amid Middle East Tensions; OPEC+ Agrees to Output Increase

Al Anbat 06 Mar 2026
Meanwhile, OPEC+ agreed to a modest increase in oil production of 206,000 barrels per day, amid ongoing geopolitical instability ... OPEC+ stated in a release that it would raise production by 206,000 barrels per day starting in April.
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OPEC Fund backs SME growth in Democratic Republic of the Congo with first private sector loan to Rawbank (OPEC Fund for International Development)

Public Technologies 05 Mar 2026
The OPEC Fund for International Development (the OPEC Fund) has signed its first private sector operation in the Democratic Republic of the Congo (DRC), providing a US$20 million loan to Rawbank, the country's leading financial institution.
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OPEC Fund marks 50th anniversary with record US$3.2 billion in development financing

Emirates 24/7 05 Mar 2026
The OPEC Fund for International Development (The OPEC Fund) committed a record US$3.2 billion to development operations in 2025, the highest annual volume in the institution’s history, and a 39 percent increase year-on-year.
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Oil prices jump over 3% on Thursday

Amwal Al Ghad 05 Mar 2026
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Iraqi Supply Loss Could Expose the Real Limits of OPEC Spare Capacity

Oil Price 04 Mar 2026
Iraq’s total crude production has been running near 4.0–4.3 million bpd, according to recent OPEC ...

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