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.
2 Oct, 2026
Featured
MidEast Crude Exports Surge
Middle East crude exports surged this week, closing in on pre-conflict levels despite Iranian attacks. Can this be replicated for other commodities?
Saudi Arabia Drives Surge In Middle East Crude Loadings (‘000 B/D)
2 Oct, 2026
Top Story
Saudi Planning Bypass Pipeline To Oman’s Duqm?
Saudi Arabia is assessing plans to build a new Hormuz bypass pipeline to both expand its bypass capacity and reduce its reliance on Yanbu as a contingency route. Oman is the most strategic option, and TotalEnergies’ CEO says Saudi Arabia plans a pipeline to Duqm.
Saudi Aramco Examining Pipeline To Duqm?
NEWS IN BRIEF
Saudi Arabia Sees 2026 Budget Deficit Widening
2 Oct, 2026
Cyprus Targets October Aphrodite-Ishai Deal
2 Oct, 2026
IFC Mulls $120mn For Gebel El Zeit
2 Oct, 2026
Scatec Starts 900MW Egypt Wind Construction
2 Oct, 2026
Egypt-Saudi HVDC Connection Nears Completion
2 Oct, 2026
Syria Plans Arab Gas Pipeline Extension
2 Oct, 2026
Saudi Arabia: More CCGT Gains
25 Sep, 2026
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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