News

After decades of slow progress, nuclear energy is set to experience a significant resurgence, according to OPEC’s long-term ...
OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, releasing its annual World Oil Outlook on long-term energy trends.
Rising trade tensions, global policy uncertainty, and regional conflicts are presenting challenges to economies in the Middle East and North Africa and Caucasus and Central Asia regions. Policymakers ...
Jeddah, June 18, 2025, SPA -- The fourth OPEC Fund Development Forum, held in Vienna, Austria, concluded today with a strong slate of new commitments, loan agreements, and strategic partnerships to ...
Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than ...
He extended his appreciation to the OPEC Fund for organizing the forum, which highlights the critical role of economic reforms in strengthening national resilience, addressing financial and economic ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
A number of wealthy creditor nations and multilateral lenders have launched an initiative that aims to give sovereign ...
U.S. futures inch down following an upbeat session on Monday that saw global stocks touch a fresh intraday record, with ...
Ever since Russia launched its full-scale invasion of Ukraine, the majority of western countries have been working to marginalize Russia by imposing sanctions and moving away from dependence on ...
WTI held above $65 as OPEC considered further production increases for August.
The SPIEF focused on global and regional economic processes, market transformation, new technologies, the investment climate, financial policy, and people. The Forum is unique in terms of its ...