Tag: OPEC

OPEC+ has helped reduce oil price volatility
- By Alaina
- . June 12, 2020
A new study has highlighted the positive effects of OPEC+, an extended group of oil producers created in 2017….
Oil Production Slashed Worldwide At May 1 Deadline Under Pandemic Pressure
- By Salma Hossein
- . May 1, 2020
As the world continues to follow social distancing norms and shutdowns, the demand for crude is hit rock bottom, forcing the Kingdom and Kuwait to

US grants 30-day waiver extension to Iraq for buying energy from Iran
- By Raven Ruma
- . April 28, 2020
On Sunday, the US government announced the renewal of Iraq’s energy waiver, allowing the country to import gas and oil from Iran for next 30

Oil and Gas Supply Demand Severely Hit By Virus Outbreak
- By Roshan Amiri
- . March 2, 2020
The outbreak of the Coronavirus is the only thing that is worrying the world’s oil demand and supply at the moment. According to media reports,