OPEC set to re-elect Sec Gen al-Ghais for second term LONDON: The Organization of the Petroleum Exporting Countries is set re-elect current secretary general Haitham... Published 10 Dec, 2024 06:13am
Markets OPEC head rejects criticism over oil deal, says demand is good ST PETERSBURG: OPEC Secretary General Haitham Al Ghais on Thursday defended the recent adjustments to the OPEC+ oil... Published 06 Jun, 2024 01:45pm
Markets Oil rises on weaker dollar, IEA demand upgrade LONDON: Oil prices rose on Thursday, extending the previous session’s gains, boosted by a weaker dollar and as the... Updated 14 Dec, 2023 05:25pm
World Nations strike deal at COP28 to transition away from fossil fuels DUBAI: Representatives from nearly 200 countries agreed at the COP28 climate summit on Wednesday to begin reducing... Updated 13 Dec, 2023 03:08pm
Markets Arab OPEC ministers gather in Doha as COP28 fossil fuel talks continue DOHA: OPEC’s top Arab energy ministers arrived in Doha on Monday for the 12th Arab Energy Conference as countries... Published 11 Dec, 2023 03:01pm
Markets Indian bond yields seen slightly lower tracking US peers, oil MUMBAI: Indian government bond yields are likely to trend lower in early trading on Wednesday as US yields and oil... Published 06 Dec, 2023 09:48am
Markets Oil drops close to July low on scepticism over OPEC+ cuts LONDON: Global benchmark Brent fell below $78 a barrel, not far off its July low, despite Saudi Arabia saying OPEC+... Updated 05 Dec, 2023 07:06pm
Markets Brazil to join OPEC+ but won’t cap oil output, Petrobras CEO says RIO DE JANEIRO: Brazil is expected to join the OPEC+ group of oil-producing countries in January but would not take... Published 01 Dec, 2023 06:05pm
Markets Japan, OPEC to establish high-level dialogue, Nikkei says TOKYO: Japan and the Organization of the Petroleum Exporting Countries (OPEC) have agreed to establish a dialogue... Published 14 Jun, 2023 10:19am
Markets OPEC Secretary General says expects demand to reach pre-pandemic levels this year CAIRO: OPEC Secretary General Haitham Al Ghais said on Sunday that the group expects oil demand to exceed... Updated 12 Feb, 2023 07:29pm
Markets Gulf nations to remain major oil suppliers to India for a ‘long time’, minister says BENGALURU: India, the world’s third-biggest oil importer and consumer, has diversified its sources of energy imports... Published 08 Feb, 2023 03:06pm
Markets OPEC secretary general invites India to take part in next OPEC+ meeting BENGALURU: OPEC Secretary General Haitham Al Ghais has invited India to be a part of the next OPEC+ meeting, the... Published 08 Feb, 2023 01:42pm