Tag : OPEC

Business

Global markets face disruption amid $17.3 trillion oil shock warning

iraqupdate.com
by iraqupdate.com079
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital...
Business

OPEC+ reaffirms production plan based on healthy market trends

iraqupdate.com
by iraqupdate.com0184
The eight OPEC+ countries that had previously undertaken voluntary production adjustments have reaffirmed their coordinated efforts to support global oil market stability in response to...
Featured News

Oil prices fall 1 percent amid weak economic data from US and Germany

iraqupdate.com
by iraqupdate.com0134
Oil prices fell by approximately 1% on Monday during volatile trading, following weak economic data from the United States and Germany. The decline ended a...
Business

Kuwait oil rises $4.5, reaching $75.40 per barrel on market concerns

iraqupdate.com
by iraqupdate.com0198
MENA Newswire News Desk: Kuwait crude oil prices saw a sharp increase of $4.5, reaching $75.40 per barrel on Wednesday, compared to $70.90 the previous...
Business

Saudi Arabia’s non-oil activity rises 4.9%, driven by finance and insurance

iraqupdate.com
by iraqupdate.com0385
MENA Newswire News Desk: Saudi Arabia’s non-oil activities surged by 4.9% year-on-year in the second quarter of 2024, propelled by robust growth in the financial and...