OPEC+

oil Saudi [Getty]
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OPEC+, which encompasses eight members who pump out half the world's oil, say that tensions between the UAE and Saudi Arabia in Yemen won't impact output.

The New Arab Staff & Agencies
02 January, 2026
Spectacular sunset over an oil field in the desert of Kuwait
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Iraq oil -- AFP
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Kuwait oil prices [AFP]
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Iraq oil
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A view of oil production field in Duhok, Iraq
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The blue logo of the Organization of the Petroleum Exporting Countries (OPEC) is displayed on the facade of its headquarters building in Vienna, Austria, on June 9, 2025.
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The blue logo of the Organization of the Petroleum Exporting Countries (OPEC) is displayed on the facade of its headquarters building in Vienna, Austria, on June 9, 2025.
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OPEC+ [Getty]
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Armed security personnel and Austrian military soldiers stand guard outside the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna, Austria
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The OPEC headquarters in Vienna, Austria [Getty]
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OPEC Headquarters In Vienna
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Saudi Aramco Logo
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OPEC Photo Illustrations
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Prince Abdulaziz bin Salman, Minister of Energy of Saudi Arabia
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