News about OPEC: events, facts and developments on tafs uz.
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Iraqi Prime Minister Ali Al-Zaidi announced plans to raise oil production to 7 million barrels per day by 2030 and to 10 million by 2032. The goal is linked to the severe consequences of the war with Iran for the country's oil economy.
Aziz KarimovIn an article for Anadolu, OPEC Secretary General Haitham Al-Ghais, on the eve of the COP31 climate conference, challenges the 'age of electricity' narrative: in his view, electrification depends on petrochemicals, logistics, and a variety of energy sources. This is the author's opinion, not the agency's position.
Aziz KarimovThe International Energy Agency has warned that the diesel market will remain tight at least until 2027, and wholesale diesel prices in Europe may rise again in the coming weeks. The recovery of supplies from the Persian Gulf has not eliminated the shortage: production is still below global demand, Iran has blocked the Strait of Hormuz, and the Houthis are attacking Saudi facilities.
Dilnoza Rahimova
