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August 12, 2025

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TUESDAY, AUGUST 12, 2025

OPEC+

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration
Global Economy

OPEC+ sees bigger 2022 surplus, risks to oil demand growth

A sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. Picture taken November 22, 2019. REUTERS/Angus Mordant/File Photo
Global Economy

OPEC chief says blame policymakers, lawmakers for oil price rises

Biden fails to convince OPEC Plus members to significantly increase oil production
Videos

Biden fails to convince OPEC Plus members to significantly increase oil production

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration
Global Economy

OPEC+ agrees tiny output rise in setback for Biden

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant
Global Economy

Oil falls 2% on US crude, gasoline build, slight OPEC+ hike

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration
Global Economy

OPEC+ might have to raise oil output so market doesn't overheat, Kazakhstan says

Pump jacks pump oil at an oil field on the shores of the Caspian Sea in Baku, Azerbaijan, October 5, 2017. REUTERS/Grigory Dukor
Global Economy

Oil sinks about 4% after weak factory data sparks demand concerns

OPEC+ will assess oil market and do what is necessary, say Saudi foreign minister
Global Economy

OPEC+ will assess oil market and do what is necessary, say Saudi foreign minister

Photo: Reuters
Middle East

US not expecting Saudi Arabia to immediately boost oil production

FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and NON-OPEC meeting, Austria December 6, 2019. REUTERS/Leonhard Foeger/File Photo
Analysis

Saudi Arabia walks oil policy tightrope between Biden and Putin

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration
Global Economy

OPEC+ expected to stay course on oil output boost

OPEC+ mulls when to fire its last oil production bullets
Bloomberg Special

OPEC+ mulls when to fire its last oil production bullets

The Homer Ferrington gas drilling rig, operated by Noble Energy and drilling in an offshore block on concession from the Cypriot government, is seen during President Demetris Christofias' visit in the east Mediterranean, Nicosia on 21 November 21, 2011. Photo: Reuters
Global Economy

Oil rises on robust China export data, but new lockdowns cap gains

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