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,…
OPEC said this year’s global oil demand, expected to reach 102.1 million bpd, will surpass pre-COVID-19-pandemic levels…reports Asian Lite News Robust global oil demand growth has been forecast in 2023…
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…
Al Ghais said that consultations with new countries from outside the organisation contribute to strengthening the cohesion of OPEC…reports Asian Lite News OPEC chief Haitham Al Ghais has revealed that…
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…
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…
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…
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…
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…
OPEC report reveals India will take the leading role in crude requirement, along with other Asian and African, reports Animesh Singh…reports Asian Lite News After China driving the initial demand…
