03 Dec 2018

Qatar to leave OPEC and focus on gas as it takes swipe at Riyadh

“Qatar said on Monday it was quitting OPEC from January to focus on its gas ambitions, taking a swipe at the group’s de facto leader Saudi Arabia and marring efforts to show unity before this week’s meeting of exporters to tackle an oil price slide. Doha, one of OPEC’s smallest

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22 Jun 2018

Opec to increase output by 1 million barrels per day, if Iran budges

Opec is nearing the completion of a deal that would see the group output an additional 1 million barrels per day. The group has been under pressure from many countries, including the US, China, and India, to increase output, a move that would reduce consumer prices. The ongoing talks have

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