opec Archives

Oil prices fell below $74 per barrel, reaching a 3.5-month low as hopes for a U.S.-Iran agreement continue to ease supply concerns.

Jun 18, 2026 by Nathan Cole • 2 mins read

Commodities, Markets

Brent crude oil plunged more than 11% as easing geopolitical concerns reduced fears of supply disruptions.

May 6, 2026 by Nathan Cole • 1 min read

Commodities, Markets, News

The UAE will exit OPEC and OPEC+ from May 1, aiming to increase oil production and better align with shifting global energy demand.

Apr 29, 2026 by Nathan Cole • 2 mins read

Commodities, Markets

By Oleg Petrenko Jan 4, 2026 • 1 min read

OPEC+ confirmed it will suspend oil production increases in the first quarter of 2026 to maintain market stability.

Commodities, Markets

By Oleg Petrenko Nov 30, 2025 • 1 min read

OPEC+ keeps output steady for early 2026 and adopts a new capacity assessment mechanism for setting baselines from 2027.

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