OPEC+: Production increase tests market stability
OPEC+ has agreed to raise in oil production targets from August, extending a series of monthly output hikes as Gulf...
OPEC
Iraq threatens to leave OPEC if oil quota isn’t raised
Iraq could leave OPEC if the organisation does not increase its oil production quota, Iraqi officials said, according to The...
Oil exporter bloc weighs production hike affecting Algeria
The Organization of the Petroleum Exporting Countries (OPEC+) might increase its collective oil production targets for July 2026, a decision...
Global lenders and energy agency warn against hoarding amid crisis
The International Monetary Fund, World Bank and International Energy Agency urged countries to avoid hoarding energy supplies and imposing export...
Iraq reroutes oil exports through Syria amid Hormuz blockade
Iraq has begun exporting oil through Syria as it seeks alternative routes for shipments disrupted by the Iran war, Reuters...
Algeria’s silence on Venezuela reflects new pragmatic position
Algeria's lack of an official statement on the abduction of Venezuela's president Nicolas Maduro by the US regime has raised...
Chad: $31 million loan to boost food security and energy
The OPEC Fund for International Development (OFID) loaned Chad $31 million, consisting of two concessional loans addressing urgent food security...
Algeria: Tebboune seeks second term as elections approach
Seeking to further entrench the power of Algeria’s political and military elite, Algerian President Abdelmadjid Tebboune announced on July 11th...
Libya says oil production aimed at reaching 2010 levels
Libya's oil production is progressing with expectations that it could hit 2010 levels, according to recent newswire reports in Kuwait....
Was the OPEC+ decision a game-changer in US-Gulf relations?
What is at stake today is not US protection for the Gulf states but rather the increasingly hostile attitude of...
