Gulf Times - OPEC
Qatar’s Opec exit represents a message that Doha wants to chart its own course: IIF

Qatar’s Opec exit represents a message that Doha wants to chart its own course: IIF

Qatar’s exit from Opec (Organisation of the Petroleum Exporting Countries) represents a symbolic message that Doha wants to chart its own course, according to an US economic think-tank.

Al-Kaabi leads Qatar’s last delegation to Opec meeting

Al-Kaabi leads Qatar’s last delegation to Opec meeting

Minister of State for Energy Affairs HE Saad bin Sherida al-Kaabi led Qatar’s last delegation to the meetings of the Organisation of the Petroleum Exporting Countries (Opec), in the aftermath of Qatar withdrawing its membership in the organisation from 2019.

Opec, Russia close to slashing oil output despite US pressure

Opec, Russia close to slashing oil output despite US pressure

Opec and its Russia-led allies moved closer on Friday to clinching a deal that would cut oil production by more than the market had expected despite pressure from US President Donald Trump to reduce the price of crude.

Oil surges 5 pct as Opec agrees output cut

Oil surges 5 pct as Opec agrees output cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in Opec agreed to reduce output to drain global fuel inventories and support the market.

Opec tentatively agrees oil cut, waits for Russia to commit

Opec tentatively agrees oil cut, waits for Russia to commit

Opec tentatively agreed an oil output cut on Thursday but was waiting for a commitment from non-Opec heavyweight Russia before deciding the exact volumes for a production reduction ...

Trump asks OPEC not to cut production

Trump asks OPEC not to cut production

US President Donald Trump on Wednesday urged OPEC members not to slash production at their upcoming meeting, saying global oil prices should remain low.

Qatar to attend Opec meeting on Dec 6

Qatar to attend Opec meeting on Dec 6

Qatar will still be attending an Opec meeting in Vienna on December 6, HE the Minister of Energy Affairs Saad Sherida al-Kaabi said.

Opec exit move seen helping Qatar concentrate on its LNG expansion plan

Opec exit move seen helping Qatar concentrate on its LNG expansion plan

Qatar's decision to opt out of the Organisation of the Petroleum Exporting Countries (Opec) is timely and a step in the right direction as it will ensure Doha a proper positioning in the global gas market, according to a senior official of Amwal.

Army clashes kill 18 in east DR Congo as election tensions rise

Army clashes kill 18 in east DR Congo as election tensions rise

Clashes between the army and rebels loyal to a renegade former general in eastern DR Congo have killed 18 people, military sources said on Monday, in the latest violence before crucial elections to replace President Joseph Kabila this month.

Qatar to withdraw from Opec in January 2019

Qatar to withdraw from Opec in January 2019

Qatar will withdraw from the Organisation of the Petroleum Exporting Countries (Opec) with effect from January 1, 2019, HE the Minister of State for Energy Affairs Saad Sherida al-Kaabi said Monday.

Oman oil minister says majority of OPEC and its allies support cut

Oman oil minister says majority of OPEC and its allies support cut

A majority of OPEC and allied oil exporters support a cut in the global supply of crude, Oman Oil Minister Mohammed bin Hamad al-Rumhi said on Sunday.

OPEC says India oil demand to rise by 5.8 mn bpd by 2040

OPEC says India oil demand to rise by 5.8 mn bpd by 2040

India's oil demand is expected to rise by 5.8 million barrels per day (bpd) by 2040, accounting for about 40 percent of the overall increase in global demand during the period, OPEC's secretary general said on Friday.