Opec

US, Venezuela negotiate deal for American access to Venezuelan oilfields

Venezuela is considering leaving the OPEC oil production group as it strengthens ties with the US, Bloomberg reported late on Thursday.

Workers of Venezuelan state oil company PDVSA at a rig near Cabimas, Venezuela, January 27, 2026.; illustrative.
  The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016.

Abu Dhabi sees leaving OPEC as a matter of national interest - opinion

UAE Minister of Energy and Infrastructure, Suhail Mohamed Al Mazrouei speaks, on the day of the Make it in the Emirates (MIITE) conference, in Abu Dhabi, United Arab Emirates, May 4, 2026.

Fractures rock Gulf alliance as UAE quits OPEC during Iran war - analysis

 A 3D-printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020.

UAE exit weakens OPEC+ power over oil market but group to stay together, sources say - analysis


Bank Leumi: Oil futures forecast price decline in second half of 2021

The drop in prices in the latter half of 2021 will be due an increase in oil production by OPEC states and the prospects of lowered tensions with a new US-Iran nuclear deal.

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019

Oil price volatility increases amid Suez Canal aftermath, OPEC meeting

The price of BRENT oil decreased from about $64.12 per barrel on March 19 to $62.41 per barrel on April 2.

A general view of Abadan oil refinery in southwest Iran, is pictured from Iraqi side of Shatt al-Arab in Al-Faw south of Basra, Iraq September 21, 2019

Voices from the Arab press: Qatar's exit from OPEC

Also: U.S.-India relations on the rise, Saudi Arabia introduces philosophy to university curriculum, and a view of Trump's middle east policies.

AN ARAMCO employee looks over the company’s Ras Tanura oil refinery and oil terminal in Saudi Arabia on May 2.

Chinese company weighs take over of Iran gas projects due to US sanctions

The French company Total was the first major Western energy company to invest in the Islamic Republic since international sanctions began.

Workers get ready to pump liquefied natural gas into a gas trailer at CNPC Caofeidian terminal, in Tangshan, Hebei province, China.

If EU used its anti-Cartel powers against OPEC, Jerusalem would have peace and prosperity

The Jerusalem Post

Trump on Jerusalem throws Spotlight on Europe's Darkest Secret

The Jerusalem Post

Above the fold: Putin is world's most powerful leader

The Russian president and the Saudi monarch came together to discuss their mutual interest – oil.

Russian President Vladimir Putin attends a news conference

Suicide attacks on restaurants, checkpoint, kill 60 in southern Iraq

Islamic State is under siege in the Syrian city of Raqqa, its operational base for attacks in the Middle East and the West.

ONE OF MANY churches destroyed by ISIS in the Christian town of Qaraqosh, Iraq.