August 29, 2025 4:28 PM
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As of Tuesday, April 9, 2025, the OPEC daily basket price was recorded at $66.25 per barrel.

As of Tuesday, April 9, 2025, the OPEC daily basket price was recorded at $66.25 per barrel.

April 9, 2025
Vienna, Austria, 09 April 2025 — The price of the OPEC basket of twelve crudes stood at $66.25 per barrel on Monday, reflecting a decrease from $70.85...
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Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm market stability amid a healthier oil outlook.

Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm market stability amid a healthier oil outlook.

April 8, 2025
On April 8, 2025, eight OPEC+ members Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually to review global market...
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Fourth OPEC Meeting – Africa Energy Dialogue

Fourth OPEC Meeting – Africa Energy Dialogue

April 8, 2025
Today in Abuja, the fourth High-Level Meeting of the OPEC–Africa Energy Dialogue was held on the side lines of the 8th Nigeria International Energy...
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OPEC Receives Updated Plans from Saudi Arabia, Russia, Iraq, UAE, and Others

OPEC Receives Updated Plans from Saudi Arabia, Russia, Iraq, UAE, and Others

April 7, 2025
As agreed during the virtual meeting held by the eight countries with additional voluntary adjustments, including Saudi Arabia, Russia, Iraq, the...
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OPEC+ Producers Reaffirm Stability Commitment, Plan Oil Output Increase

OPEC+ Producers Reaffirm Stability Commitment, Plan Oil Output Increase

April 7, 2025
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq...
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Big Oil Accelerates Green Transition

Big Oil Accelerates Green Transition

March 27, 2025
Leading Drillers Boost Low-Carbon Technologies to Cut CO2 Emissions China’s Oil Giants Accelerate Shift Toward Cleaner Energy China’s...
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New Carbon Trading Platform Paves the Way for Green Goals

New Carbon Trading Platform Paves the Way for Green Goals

March 27, 2025
Shenzhen’s newly launched carbon trading platform represents a major milestone in China’s journey toward carbon neutrality, offering a...
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AI Transforms China’s Agriculture for a Smarter Future

AI Transforms China’s Agriculture for a Smarter Future

March 24, 2025
China’s AI-Driven Agricultural Revolution: Transforming Rural Farming China is embracing an AI-powered transformation, revolutionizing industries and...
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China’s major shale oil base achieves annual output of over 1 million tonnes

China’s major shale oil base achieves annual output of over 1 million tonnes

March 24, 2025
Since its establishment four years ago, the Jimsar national-level shale oil demonstration zone in the Junggar Basin of Xinjiang has developed 306...
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