The United Arab Emirates' plan to ditch the oil producers' group Opec and strike out alone is being viewed as a huge blow for the organisation, with one analyst describing it as "the beginning of the ...
The 11-member OPEC depends on oil for a large part of government income. Read more at straitstimes.com. Read more at straitstimes.com.
On Sunday, the seven members decided to increase targets by 188,000 barrels per day from July, OPEC said in a statement.
Iraq has considered leaving OPEC if the oil producer group does not allow Baghdad to significantly increase oil production ...
Countries including Qatar, Ecuador and Angola have left OPEC in past years. "While the UAE has left OPEC, they were not the first and may not be the last": Andy Lipow, president of Lipow Oil ...
Gulfbusiness.com on MSN
Iraq weighs OPEC exit over quota dispute
Since taking office in May, Iraqi Prime Minister Ali al-Zaidi has signalled that rebuilding Iraq's economy, attracting ...
Iraq's Oil Ministry confirmed no plans to leave OPEC, but Baghdad is pushing hard for a higher production quota amid the ...
From petrol prices to global power — here's why OPEC still shapes your world Dubai: The United Arab Emirates (UAE) has been part of the global oil conversation for decades through its membership in ...
These are hard times for multinationalism. The North Atlantic Treaty Organization lies in tatters, the World Trade Organization is on life support, the World Health Organization is losing its ...
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