OPEC - Arab Daily Digital

Puri urges OPEC chief to infuse sense of affordability in oil markets

Puri wondered whether the global economy is again going to witness a situation similar to the economic turmoil of 2008 which had become a self fulfilling prophecy…reports Asian Lite News With OPEC

4 October 2023

India News·UAE News

OPEC Fund Aids Libya’s Flood Relief

The OPEC Fund has approved a US$500,000 aid grant to provide urgent and medium-term relief to the affected population and by meeting essential needs such as food, clean water, shelter, as well

4 October 2023

-Top News·Africa News·Arab News

OPEC expects 2.2% growth in oil demand in 2024

The world economic growth in 2023 is to remain broadly unchanged at 2.6%, according to the organisation, with the initial forecast for 2024 economic growth expected at 2.5%…reports Asian Lite News OPEC

14 July 2023

-Top News·Arab News·UAE News

‘OPEC aims to stabilise market, reduce environmental impact’

The Secretary-General noted that ‘Inclusivity’ relates to ensuring all voices are heard in discussions on energy transitions, developing and developed countries, producers and consumers….reports Asian Lite News Secretary-General of OPEC Haitham Al

6 July 2023

-Top News·Arab News

OPEC calls for inclusive dialogue on energy sustainability

Al Ghais lauded the UAE’s support for the organisation, stating that since joining OPEC, the country has played a leading role in all its affairs….reports Asian Lite News Haitham Al Ghais, Secretary-General

5 July 2023

-Top News·Arab News·UAE News

OPEC, Japan discuss current global energy supplies

The two sides reviewed the expectations of global demand, highlighting the significance of establishing a dialogue…reports Asian Lite News Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC),

16 June 2023

-Top News·Arab News·Asia News

Oil prices surge after OPEC+ output cut

UAE among members of Organisation of Petroleum Exporting Countries (OPEC) Plus announced a surprise cut in oil production that will exceed one million barrels a day….reports Asian Lite News Oil prices have

3 April 2023

-Top News·Arab News

OPEC urges energy investment for market stability

OPEC Secretary General said the oil and gas industry, which will retain its share as a critical component of the energy mix, must transform and decarbonise operations…reports Asian Lite News Haitham Al

9 March 2023

-Top News·Arab News·UAE News

OPEC+ recommends staying course on oil output policy

The JMMC comprises oil ministers from the OPEC+ countries. It has no decision-making power but provides policy recommendations for the OPEC+ ministerial meeting, the group’s decision-making body…reports Asian Lite News Leading oil

2 February 2023

-Top News·UAE News

UAE a safe global oil, energy supply source: OPEC chief

Al Ghais described the UAE’s prominent role in the international oil market, highlighting its essential work in production monitoring committees at ministerial and technical levels….reports Asian Lite News Secretary-General of the Organisation

4 November 2022

-Top News·UAE News

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