#Opec
6 articles with this tag
EconomyIraq Eyes Doubled Oil Production by 2032 with Ambitious 10 Million Bpd Target
Iraq aims to more than double its oil production to 10 million barrels per day by 2032, a move Prime Minister Ali Al Zaidi believes will significantly boost national development and the economy. The country is in talks with Opec to increase export quotas and is pursuing new deals and export routes.
EconomySaudi Arabia Resumes East-West Pipeline Operations Following Drone Attacks
Saudi Arabia has restarted operations at its East-West Pipeline following a previous shutdown caused by drone attacks, while oil exports through the Strait of Hormuz continue to ramp up.
EconomyGlobal Oil Prices Surge Near $108 Following Saudi Pipeline Shutdown After Attacks
Oil prices surged near $108 a barrel after Saudi Arabia halted its vital East-West oil pipeline following attacks, heightening global supply concerns.
EconomyEnergy Industry Leaders Gather in Bangkok as Global Markets Face Severe Disruption and Rising Prices
Global energy leaders gather in Bangkok for Gastech as soaring gas prices, geopolitical tensions, and supply chain disruptions severely impact Asian and international markets.
EconomyIraq Restores Oil Capacity to Three Million Barrels Per Day Despite Strait of Hormuz Disruptions
Iraq has raised its crude oil production capacity to three million barrels per day and boosted exports in September despite disruptions in the Strait of Hormuz. The country is negotiating tanker passage and developing alternative pipelines to bypass the ongoing conflict.
EconomyBeyond Jackson Hole: How Gulf Dynamics Drive the Global Monetary Policy Debate
Following the Jackson Hole economic symposium, central bank policies and global inflation rates are increasingly tied to energy market disruptions and geopolitical developments in the Gulf.