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Road to Net Zero

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Opec

Wildfire smoke near Trutch, British Columbia, Canada, on Friday. Wildfires are threatening about 5% of Canada's crude output as a blaze in Alberta's oil sands region spreads and approaches major production sites. Bloomberg

There's a less popular reason why Opec+ is unwinding oil cuts

EnergyJune 03, 2025

Opec has been losing market share in recent years and is trying to enforce quota discipline among its members. Reuters

Opec+ agrees another accelerated oil output for July

EnergyMay 31, 2025

Storage tanks at the Airankol oil field in the Atyrau Region in Kazakhstan. Reuters

Opec+ move to boost oil supply will not only affect Kazakhstan and Iraq

EnergyMay 12, 2025

The Opec+ group of producers on Saturday said it would add 411,000 barrels a day to the market next month. AFP

Oil rebounds after dropping on Opec+ supply boost

EnergyMay 06, 2025

Iranian and US officials during the second round of indirect talk in Rome, Italy on April 19, 2025. Positive talks between the US and Iran over Tehran’s nuclear programme are impacting oil prices. EPA

Oil prices record weekly loss on oversupply concerns

EnergyApril 25, 2025

Saudi Aramco's oilfield in the Empty Quarter, Shaybah, Saudi Arabia. Reuters

Oil sinks as Saudi Arabia cuts prices ahead of Opec+ output boost

EnergyApril 07, 2025

The penguin inhabitants of Heard Island and McDonald Islands in the southern Indian Ocean may be unaware of the US's series of trade levies imposed upon by President Donald Trump, but the swing to protectionism is alarming many countries. Image: UK Antarctic Heritage Trust

How Opec is seizing an opportunity from the global trade war

EnergyApril 07, 2025

Oil tanker trucks outside an oil refinery in Mumbai. Indian refiners have rushed back to the market to seek crude supply. Bloomberg

Oil prices fall to lowest level since 2021

EnergyApril 04, 2025

Opec’s past projections have largely fallen short due to rising US shale production, shifting energy dynamics and missed opportunities to stabilise prices, leaving it with a shrinking market share and the need for a more adaptive strategy. Getty Images

Has Opec done enough to prepare for the uncertainty that lies ahead?

EnergyMarch 24, 2025

Oil is set for a second consecutive weekly gain on the prospect of tighter supply in the market. Bloomberg

Oil prices rise on Iran sanctions and planned Opec+ cuts

EnergyMarch 21, 2025

Bader Al-Attar, managing director of planning and finance at Kuwait Petroleum Corporation. Photo: CERAWeek by S&P Global

Kuwait sees demand for oil and gas rising under Trump

EnergyMarch 16, 2025

Capuava oil refinery in Sao Paulo. Brazil is engaging with Opec+ but not committing to output limits. AP

Brazil's oil potential with Opec+ hinges on future players

EnergyFebruary 24, 2025

President Donald Trump proposed cutting taxes for US oil and gas producers and allowing companies to expense 100 per cent of investments in domestic factory construction and other capital expenditure. AP

Trump's energy expansion plan faces major obstacles, including his own policies

BusinessFebruary 20, 2025

Opec+ has held back 5.86 million bpd of oil output through a series measures announced in 2022. EPA

Opec sticks to production plan despite Trump pressure

EnergyFebruary 03, 2025

Cosco and China Shipping containers at the Port of Miami. Concerns about US President Donald Trump’s trade policies and proposed tariffs on China are weighing on oil prices. Reuters

Oil prices record weekly drop as Donald Trump asks Opec to lower costs

EnergyJanuary 24, 2025

Saudi Arabia and other Opec+ members extended their voluntary production cuts in December last year. AFP

Voluntary Opec+ production cuts reduce Middle East’s 2025 outlook, World Bank says

EconomyJanuary 16, 2025

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