OPEC & Global Markets

The Opec+ production agreement was dealt a devastating blow in March 2020 when Opec producers were unable to sign Russia up to deeper cuts. The process has shown that while Opec is unable to bring about substantial price gains, its strength lies in the ability of its core members to flood the market and undercut prices.

Oil & Gas

3 Oct, 2025

Featured

KRG Oil Back In The Med

The first loading of Kurdish crude from Ceyhan in two-and-a-half years is imminent, with volumes expected to stay in the Med. Can the political deal survive November’s elections?
Exports Of Kurdish Crude* ('000 b/d)
OPEC & Global Markets

10 Oct, 2025

Top Story

Opec+ Opts for Cautious 137,000 b/d November Increase

The Opec+ Group of Eight agreed on a steady 137,000 b/d quota increase for November, leaving discussions on December policy for next month.
Opec+ Spare Capacity (mn b/d): Falling Steadily, And Concentrated In Just Four Countries
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NEWS IN BRIEF

Egypt LNG: Cargo Exported As Damietta Receives First Cargo

17 Oct, 2025

UEG Completes Apex Egypt Purchase

17 Oct, 2025

Iraq to Build LNG-To-Power Plant at Fao

17 Oct, 2025

Zubair Oilfield Capacity Set to Reach 700,000 b/d

17 Oct, 2025

Libya Restarts Ras Lanuf Cracker

17 Oct, 2025

Iraq’s LNG Plans Move Forward with Excelerate FSRU Award

10 Oct, 2025

Middle East Shipping Affected By Surge In Radar Jamming

10 Oct, 2025

EDO Taps Debt Market For $130mn

10 Oct, 2025

Read more

SELECTED DATA

Global LNG Exports - Top Three Suppliers (mn tons): US Strengthens Lead For 2024, Australia Also Ships Record Volumes As Overall Trade Edges Higher

The UAE’s Monthly Quota Is Set To Break Above 3.05mn b/d From September This Year

Key 2025-26 Global Oil Demand Forecasts: Opec Remains Far More Bullish Than Others (mn b/d)

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