OPEC - Consulnews

OPEC+ to Implement Fourth Oil Quota Increase Amid Hormuz Strait Tensions

OPEC+ is reportedly preparing to raise oil quotas for the fourth time, as tensions in the Hormuz Strait persist, potentially affecting global oil prices.

Editorial Staff Updated 5 days ago

Energy Energy Markets

UAE's Exit from OPEC: A Potential Catalyst for U.S. Energy Investments

The UAE's planned departure from OPEC may create new opportunities for U.S. investments in its energy sector, potentially increasing oil production and attracting foreign capital.

Editorial Staff Updated 24 days ago

Energy Oil & Gas

OPEC Lowers Oil Demand Outlook Amid Hormuz Strait Tensions

OPEC has adjusted its oil demand forecast downward, citing disruptions in the Hormuz Strait that are likely to impact production levels significantly.

Editorial Staff 24 days ago

#OPEC

OPEC+ to Implement Fourth Oil Quota Increase Amid Hormuz Strait Tensions

UAE's Exit from OPEC: A Potential Catalyst for U.S. Energy Investments

OPEC Lowers Oil Demand Outlook Amid Hormuz Strait Tensions