OPEC+

OPEC+ [Getty]
OPEC+
Energy
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Oil falls as OPEC+ hikes August output more than expected

The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns such as Trump's tariffs.

The New Arab Staff & Agencies
07 July, 2025
Armed security personnel and Austrian military soldiers stand guard outside the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria
OPEC+
Energy
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OPEC+ to hike petrol output to 548,000 bpd in August

The New Arab Staff & Agencies
05 July, 2025
The OPEC headquarters in Vienna, Austria [Getty]
OPEC+
Energy
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Saudi Arabia, OPEC+ members move toward output hike at meeting

The New Arab Staff & Agencies
05 July, 2025
OPEC Headquarters In Vienna
OPEC+
MENA
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OPEC+ adopts plan for 2027 baselines ahead of July output talks

The New Arab Staff & Agencies
29 May, 2025
Saudi Aramco Logo
Aramco
Energy
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Saudi Aramco profits drop 12 percent on lower prices, volumes

The New Arab Staff & Agencies
04 March, 2025
OPEC Photo Illustrations
OPEC+
Energy
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OPEC+ to proceed with planned April oil output hike

The New Arab Staff & Agencies
04 March, 2025
Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia
Saudi Arabia
Energy
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Saudi, OPEC+ ministers meet after Trump calls to lower oil price

The New Arab Staff & Agencies
29 January, 2025
The Saudi economy has boomed amid a rise in global oil prices [Getty]
Saudi Arabia
Economy
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Saudi Arabia to abandon $100 target to take back market share

The New Arab Staff & Agencies
26 September, 2024
OPEC
Energy
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Angola quits OPEC over oil production quotas disagreement

The New Arab Staff & Agencies
22 December, 2023
COP28
Environment
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COP28 enters crunch time amid dispute over fossil fuels

The New Arab Staff & Agencies
11 December, 2023
COP28
Energy
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UN chief Guterres urges COP28 to phase out fossil fuels

The New Arab Staff & Agencies
11 December, 2023
Russia
MENA
Live Story

Putin to visit UAE, Saudi Arabia this week

The New Arab Staff & Agencies
04 December, 2023
Saudi oil strategy [MediaNews Group/OCR/Getty]
OPEC
Energy
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Saudi could flood market with cheap oil despite OPEC pledge

The New Arab Staff
04 December, 2023
Brazil
Energy
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Brazil confirms OPEC+ invite, minister says eager to join

The New Arab Staff & Agencies
30 November, 2023
opec-iran
Saudi Arabia
Energy
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Saudi Arabia, Russia to continue voluntary oil cuts

The New Arab Staff & Agencies
04 October, 2023
Saudi Arabia
Energy
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Saudi oil tankers cluster off Egyptian Red Sea coast

The New Arab Staff
20 June, 2023
OPEC+
Economy
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Saudi Arabia slashes output further to boost oil price

The New Arab Staff & Agencies
05 June, 2023
Russia
Energy
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Russia says OPEC+ sees no need for further oil output cuts

The New Arab Staff & Agencies
27 April, 2023
OPEC
Energy
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OPEC+ output cuts put $100 per barrel oil back in sight

The New Arab Staff & Agencies
04 April, 2023
United States
Energy
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US's Yellen says OPEC+ oil cut bad for global growth outlook

The New Arab Staff & Agencies
04 April, 2023
OPEC+
MENA
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OPEC+ decisions not politicised, Saudi energy minister says

The New Arab Staff & Agencies
20 February, 2023