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The Latest Breaking News from Opec Plus

OPEC Plus Extends Oil Production Cuts Through 2025

OPEC extends oil production cuts, impacting global prices and U.S. consumers. Biden taps Strategic Petroleum Reserve amid concerns. U.S. oil production sta...

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Saudi Minister Says Efforts Underway to Stabilize Energy Security

Saudi Foreign Minister Prince Faisal bin Farhan said that his country is “working to stabilize energy security,” adding that the OPEC Plus has faced market fluctuations and worked for the benefit of both producers and consumers. In remarks during a session of the Davos 2023 World Economic Forum (WEF) on…

Asharq Al-Awsat

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Gulf Summit in Riyadh Rejects Iranian Intervention in Region

The Gulf States have renewed their keenness on stability and security in the region, and the need to strengthen the GCC relations with brotherly and friendly countries and regional and international organizations. They also affirmed respect for the principles of sovereignty and non-interference in internal affairs of Arab states. The…

Asharq Al-Awsat

Biden’s decision to grant Saudi crown prince immunity is a profound mistake

After being repeatedly humiliated by Prince Mohammed, Biden continues to appease an autocrat who disdains him

The Guardian - US

Morning Digest | India objects to U.S. envoy’s PoK visit; EC seeks Uddhav’s response on Shiv Sena symbol dispute, and more

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The Hindu

‘Very confident’ of navigating Opec Plus cuts: Hardeep Singh Puri

Hardeep Singh Puri said that India was confident of navigating a planned output cut by Opec Plus

The Hindu

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Morning Digest | White House calls OPEC’s supply decision ‘shortsighted’; EPF members can’t see interest due to software upgrade, and more

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The Hindu

OPEC+ Alliance Maintains Production Policies

The Saudi-led OPEC and its allies in the Moscow-led OPEC Plus, maintained their strategy of slightly increasing oil production, despite Western pressure to end the price volatility, as the war in Ukraine rocked the market. The Organization of Petroleum Exporting Countries said in a statement on Thursday that it would…

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