Lahore: Rising tensions in the Arab world are also reported to be affecting oil prices, which have reached a seven-year high. According to Arab media, a drone strike was carried
OPEC and its allies decided to maintain their policy of modestly boosting oil output next month
OPEC + oil producers to meet onThursday under pressure from US President Joe Biden, and a new CoVID-19 variant that has complicated the equation
The head of the International Energy Agency, Fatih Birol, has lashed out at OPEC for failing to bring oil prices down
Tapping reserves would help ease surging fuel prices and several countries are considering the move
Abu Dhabi: For the first time, the UAE has offered Pakistani companies to take advantage of oil production, according to reports,Abu Dhabi National Oil Company, a group led by the
London, March 4 (AFP/APP):Oil prices jumped higher Thursday on speculation OPEC+ nations would keep a tight lid on output, while stocks languished on interest rate worries. The OPEC group of
London, March 4 (AFP/APP): The OPEC group of oil producers and its allies meet Thursday with all eyes on whether powerhouses Russia and Saudi Arabia can agree on output levels following a rebound
13th January 2021: Kuwait's cabinet submits resignation in a standoff with the parliament. Baaghi TV: Kuwait’s Prime Minister Sabah al-Khalid al-Sabah presented the resignation of his cabinet to the country’s
OPEC+ ministers have adjourned without a deal on February production levels.