OPEC

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Last Updated: Just Now

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World Politics & Diplomacy 05 Oct 2026, 08:55 PM IST

Iraq Arranges Tanker Route to Bypass Hormuz as Oil Security Fears Intensify

Iraq has moved to reduce its exposure to the Strait of Hormuz by arranging for an oil tanker to sail through an alternative route, according to Bloomberg reporting. The step underscores how regional tensions are forcing major crude exporters to reassess the security of one of the world’s most critical energy chokepoints. The move is both practical and symbolic: it signals Baghdad’s effort to protect export continuity while markets remain alert to any disruption in Gulf shipping.

By RDU Global Wire5 min read

Global Markets & Equities05 Oct 2026, 04:03 AM IST

OPEC and Allies Keep Oil Output Steady as Middle East Risks Linger

OPEC and its partners have opted to keep oil production levels unchanged, signaling caution as geopolitical tensions in the Middle East continue to cloud the outlook for energy markets. The decision underscores the group’s preference for stability over a fresh supply move while traders weigh the risk of disruption against signs of softer demand.

4 min readRead →

Macro Economy & Fiscal PolicyJust now (03:39 AM IST)

Oil Prices Hold Near $104 as Trump Rejects Easing Iran Sanctions, Extending Supply-Side Pressure

Crude prices climbed sharply on Friday as markets digested former U.S. President Donald Trump’s rejection of easing sanctions on Iran, reinforcing fears that global supply will remain constrained. Brent crude moved above $103 a barrel and was on track for its strongest monthly gain since July, while West Texas Intermediate also advanced after briefly crossing $106 earlier in the session.

4 min readRead →

Macro Economy & Fiscal Policy05 Oct 2026, 08:55 PM IST

OPEC+ Holds November Output Steady as Brent Breaks $100 and G7 Prepares Oil Release

Seven major OPEC+ producers have agreed to keep November crude output unchanged, reinforcing supply discipline even as the Iran conflict tightens global energy markets and pushes Brent above $100 a barrel. In response to rising fuel costs and supply anxiety, G7 nations are preparing to release 100 million barrels of oil and refined products, including diesel, to help cushion consumers and calm prices.

6 min readRead →

Macro Economy & Fiscal Policy05 Oct 2026, 05:13 PM IST

OPEC+ Holds November Output Steady as Brent Surges Above $100 on Iran Disruption

Seven major OPEC+ producers have agreed to keep November crude output unchanged, resisting calls for a supply response even as the Iran conflict disrupts flows and drives Brent above $100 a barrel. The decision underscores the cartel’s preference for price discipline, while G7 nations prepare to release 100 million barrels of oil and refined products, including diesel, to soften the blow to consumers and industry.

5 min readRead →

Macro Economy & Fiscal Policy05 Oct 2026, 04:29 PM IST

OPEC+ Holds November Output Steady as Brent Breaks $100 on Iran Supply Shock

Seven major OPEC+ producers have agreed to keep November crude output unchanged, resisting calls for a larger response as the Iran conflict tightens global supply and pushes Brent above $100 a barrel. In parallel, G7 nations are preparing to release 100 million barrels of oil and refined products, including diesel, in an effort to cool markets and shield consumers from higher fuel costs.

5 min readRead →

Global Markets & Equities05 Oct 2026, 11:33 AM IST

OPEC+ Keeps November Output Targets Unchanged, Signalling Caution on Oil Supply

OPEC+ has agreed to hold its November oil production targets steady, extending a cautious approach to supply management as the group weighs fragile demand signals and price stability. The decision underscores the alliance’s determination to avoid flooding a market still sensitive to macroeconomic uncertainty and shifting inventory trends.

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Global Markets & Equities05 Oct 2026, 09:20 AM IST

OPEC+ Keeps November Oil Targets Steady, Signalling Caution as Market Balances Tighten

OPEC+ has agreed to keep its November oil output targets unchanged, extending a cautious approach as the alliance weighs softer demand signals against the risk of overcorrecting supply. The decision, reported by Reuters, suggests producers are prioritising price stability and internal discipline over a rapid push to reclaim market share.

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Macro Economy & Fiscal Policy14 Oct 2026, 09:36 AM IST

Iraq Crude Shipments to India Rebound as Russian Flows Decline Sharply

Iraq has regained momentum in India’s crude import mix as shipments from the Middle Eastern producer recovered, even as Russian crude arrivals fell sharply month on month. The shift underscores how Indian refiners are continuing to rebalance sourcing across suppliers in response to price spreads, freight economics and changing trade flows.

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Global Economy & Central Banks13 Oct 2026, 09:12 AM IST

Saudi Arabia Says Drones and Missiles Still Targeting Kingdom as Houthi Attacks Intensify

Saudi Arabia said Monday it was still intercepting drones and missiles aimed at the kingdom, underscoring a renewed escalation by Iran-backed Houthi forces in Yemen. The attacks highlight the continuing security risk to the world’s top oil exporter and raise fresh concerns about regional stability, energy infrastructure and broader market sentiment.

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Co-Occurring Entities

Entities frequently referenced alongside OPEC:

India(2)Yahoo Finance(1)Władysław Kosiniak-Kamysz(1)Washington, D.C.(1)Warsaw(1)Wall Street Journal(1)