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.

OPEC & Global Markets

14 Nov, 2025

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Opec+ Output Growth Falling

Production growth from Opec+’s Group of Eight nearly ground to a halt last month, falling well behind schedule as demand enters its weak season.
Opec+ Group Of Eight Production Fell 160,000 b/d Behind Combined Quota In October (mn b/d)
OPEC & Global Markets

14 Nov, 2025

Top Story

IEA Raises Energy Security Alarm, Substantial Oil Demand Growth

The IEA’s WEO raised concerns over energy security risks surrounding critical minerals. Oil demand is on course to grow out to 2050 even as alternatives gain traction.
IEA WEO 2025: Global Energy Consumption Rises By 32% Between 2024 And 2050 Under Current Policies Scenario (EJ)
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NEWS IN BRIEF

Qatar To Divert 24 Pakistan LNG Cargoes

14 Nov, 2025

Oman Signs PPA For 125mw Wind Project

14 Nov, 2025

Qatar To Invest $30bn On Egypt Med Resort

14 Nov, 2025

Leviathan Maintenance Reduces Gas Flows

14 Nov, 2025

Adnoc Drilling Widens Regional Footprint

7 Nov, 2025

Oman’s OQEP Eyes Regional Expansion

7 Nov, 2025

Shell Signs Up To Ruwais LNG Volumes

7 Nov, 2025

Libya’s AGOCO Announces New Discovery In Ghadames Basin

7 Nov, 2025

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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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