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
24 Jul, 2026
Featured
Oil Market Faces Twin Perils
Oil markets navigated the first phase of the Middle East conflict thanks to robust inventories and Hormuz bypass routes. Both pillars are now weakening.
Renewed Hormuz Conflict, Houthi Blockade Disrupt Gulf Oil Flows Further
OPEC & Global Markets
7 Aug, 2026
Top Story
Costs Mount For Qatar As LNG Export Crisis Enters Sixth Month
The Middle East conflict is in its sixth month, and lost LNG exports have already cost Qatar $10bn. Add in other product streams and the losses are greater still.
Qatari LNG Exports Rose In July But Remain A Fraction Of Pre-Conflict Levels (mn tons)
NEWS IN BRIEF
Iraq’s New Export Pipelines To Cost $15bn
14 Aug, 2026
Oman JBB Wind Project Reaches Financial Close
14 Aug, 2026
Adnoc L&S Shipping Profits Soar
14 Aug, 2026
Scatec Brings 1.1GW Obelisk Online
14 Aug, 2026
Egypt M&A: Two Takeovers Clear Key Hurdles
14 Aug, 2026
Egypt Signs PPA For 407MW Wind Project
7 Aug, 2026
Aramco CEO: Attack Damage Non-Material
7 Aug, 2026
Saudi Renewable Capacity Reaches 18.8GW
7 Aug, 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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