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

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)
OPEC & Global Markets

23 Oct, 2026

Top Story

Renewed Threat Of War Raises Stakes For Oil Markets

The global oil market has proved more resilient than expected in 2026, with prices rising relatively modestly even as inventories have been drained. But growing fears of renewed conflict threaten to put that resilience to a much tougher test.
IEA Sees Supply Deficit Worsening In Q4 (mn b/d)
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NEWS IN BRIEF

Egypt Holds Fuel Prices Through Year-End

23 Oct, 2026

Fertiglobe Eyes $1.5bn Egypt Fertilizer Project

23 Oct, 2026

EBRD Backs $566mn Egypt Solar Project

23 Oct, 2026

Syria Petroleum Company CEO Replaced

23 Oct, 2026

Iraq Signs Exxon Up For Seawater Treatment

23 Oct, 2026

Aramco CEO Confirms Master Gas System Phase 4 Plans

23 Oct, 2026

Aramco JV Refinery In China Receives First Crude Feedstock

16 Oct, 2026

Saudi-Kuwait Expand Electricity Cooperation

16 Oct, 2026

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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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