OPEC

OPEC praises Egypt’s rising achievements in energy markets

Published on: February 12, 2023
07:13

By: Pavel López Lazo

Cairo, Feb 12 (Prensa Latina) Haitham Al Ghais, Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), on Sunday praised Egypt´s growing achievements in the world energy market.

OPEC Secretary General warns of fluctuation in the market

Published on: October 16, 2022
13:09

By: Ana Luisa Brown

Algiers, Oct 16 (Prensa Latina) The secretary general of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, said today that the oil markets are going through a stage of great fluctuations.

OPEC+ measure is an economic decision, Saudi FM assures

Published on: October 12, 2022
14:32

By: Alina Ramos Martin

Riyadh, Oct 12 (Prensa Latina) Saudi Arabian Foreign Minister Faisal bin Farhan assured that OPEC+'s decision to reduce crude oil production is economic and was taken unanimously.

OPEC+ is considering oil production cutbacks

Published on: September 30, 2022
12:40

By: Aleynes Palacios Hurtado

Vienna, Sept 30 (Prensa Latina) The Organization of the Petroleum Exporting Countries and its allies (OPEP+) is considering on Friday an oil cutback of about 0.5 to 1 million barrels per day (bpd).

Venezuelan president highlights OPEC’s role to face energy crisis

Published on: September 14, 2022
13:12

By: Ana Luisa Brown

Caracas, Sep 14 (Prensa Latina) Venezuelan President Nicolas Maduro on Wednesday highlighted the importance of the Organization of Petroleum Exporting Countries (OPEC) as a mechanism for the defense and balance of the hydrocarbons market.

Venezuela blames the West for increasing global energy crisis

Published on: September 5, 2022
15:55

By: Pavel López Lazo

Caracas, Sep 5 (Prensa Latina) The Venezuelan Oil Minister Tareck el Aissami on Monday blamed the West for worsening the global energy crisis.

WTI oil drops below 90 dollars per barrel

Published on: August 31, 2022
17:25

By: Pavel López Lazo

New York, Aug 31 (Prensa Latina) American benchmark West Texas Intermediate (WTI) crude on Wednesday traded at .55 per barrel, for a .09 or 2.3% gain, according to oil traders.

U.S. is depleting its SPR faster than it looks, says specialist

Published on: June 20, 2022
19:29

By: Pavel López Lazo

Washington, Jun 20 (Prensa Latina) The United States sells a larger chunk of its Strategic Petroleum Reserves (SPR) than the oil production of medium-sized nations members of the Organization of Petroleum Exporting Countries (OPEC) including Angola and Algeria.

OPEC warns of consequences of sanctions against Russia

Published on: April 12, 2022
10:40

By: Luis Linares Petrov

Vienna, Apr 12 (Prensa Latina) The secretary general of the Organization of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, warned that the sanctions against Russia could unleash one of the worst oil supply crises in history.

OPEC expects crude surplus in December

Published on: November 17, 2021
00:15

By: Lino Céspedes Rodríguez

Abu Dhabi, Nov 17 (Prensa Latina) The Organization of the Petroleum Exporting Countries (OPEC) said that there might be a crude surplus in December, and urged to be cautious due to a possible slowdown in demand.

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