Tag: OPEC

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Hormuz Crisis Raises Fears of Oil Shock Worse Than the 1970s

Samiksha Mishra - 0
The ongoing disruption in the Strait of Hormuz has triggered global concerns over a potential energy crisis that some experts warn could rival or...
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UAE To Exit OPEC After Nearly 60 Years

Srishty Mishra - 0
Abu Dhabi cites economic strategy and output flexibility as it ends decades-long OPEC membership April 28, 2026: The United Arab Emirates has announced it will...

Oil Faces Worst April Selloff in History Amid Trade War and Stockpile Surge

OPEC+ Surprises Market With Faster Oil Output Hike, Brent Crude Falls Below $70

Trump Urges Peace Settlement in Russia-Ukraine Conflict, Calls for Oil Price Reduction

OPEC sees global oil demand at 116 mb/d in 2045

Petroleum Minister Puri Urges OPEC To Infuse Sense Of Affordability In Oil Markets Amid Rising Crude Prices