OPEC & Brent Crude
39 shared events · Importance 7 · Last updated Jul 06, 2026
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International
OPEC: OPEC+ is an alliance of oil-producing nations that coordinates global crude oil production to manage and stabilize prices. Its internal divisions and production decisions significantly influence global oil supply and prices.
Brent Crude: Brent Crude is a benchmark for oil prices. Its price staying below $85/bbl is seen as beneficial for India, but a full normalization of the Strait of Hormuz could cause its price to crash.
Jul 06, 2026 · 6 articles
International
OPEC: OPEC, along with its allies in OPEC+, agreed to increase oil production targets, influencing global oil supply and prices. The organization faces challenges with member departures and requests for higher quotas.
Brent Crude: Brent Crude prices fell after the OPEC+ agreement and the reopening of the Strait of Hormuz, returning to pre-war levels.
Mar 09, 2018 · 100 articles
International
OPEC: OPEC+ agreed to increase crude oil production quotas, which could lead to an oversupply if demand does not keep pace.
Brent Crude: Brent Crude prices were impacted by the Iran war, surging to $126 a barrel, and are now trading lower as the market anticipates increased supply and a potential oversupply.
Jul 06, 2026 · 6 articles
Business
OPEC: OPEC's decisions and 'whims' are noted as significant factors influencing global oil prices and supply.
Brent Crude: Brent Crude is the main global oil benchmark and is used to measure the price of oil in the articles. Its price fluctuations are the central focus of the event.
Jul 01, 2026 · 6 articles
Business
OPEC: OPEC's decisions and 'whims' are cited as significant factors influencing global oil prices and historical performance.
Brent Crude: Brent Crude is the primary global benchmark for oil prices, and its daily fluctuations are the central focus of these articles.
May 01, 2026 · 57 articles
International
OPEC: Iran is the third-largest producer in OPEC, and the disruption to its oil exports due to the conflict has implications for global oil markets.
Brent Crude: Brent Crude>>> prices were down on Thursday, trading below $92 a barrel, but could rise to $150 if the Strait of Hormuz>>> remains shut.
Apr 20, 2026 · 508 articles
International
OPEC: The OPEC' historical market management was referenced in comparison to China's current actions.
Brent Crude: Brent Crude prices initially spiked to $126 per barrel but are now lower than before the conflict, reflecting market confidence in manageability but still facing future volatility risks.
Apr 20, 2026 · 22 articles
Business
OPEC: The OPEC (OPEC) is mentioned in the context of the United Arab Emirates' withdrawal, but this event has not had a direct impact on the current fuel price reductions by Dangote Petroleum Refinery.
Brent Crude: Brent Crude prices directly influence the cost of refined petroleum products in Nigeria, with declines in its price leading to reductions in petrol and diesel prices by Dangote Petroleum Refinery and calls for similar reductions from marketers.
May 26, 2026 · 120 articles
International
OPEC: OPEC agreed to a modest oil output increase, which is unlikely to calm markets amid supply disruptions.
Mar 01, 2026 · 8 articles
International
OPEC: OPEC+ countries announced an increase in crude production by 206,000 barrels per day in April to mitigate supply concerns arising from the conflict.
Mar 01, 2026 · 6 articles
International
OPEC: OPEC agreed to a modest oil output boost for April, but this is largely insufficient to offset the supply disruptions caused by the Middle East conflict.
Mar 01, 2026 · 42 articles
International
OPEC: OPEC is negatively impacted by the United Arab Emirates' departure, which deals a blow to the cartel's unity and influence in managing global oil supplies.
Apr 22, 2026 · 302 articles
International
OPEC: OPEC+ agreed to a modest output increase of 206,000 bpd, which is insufficient to offset potential supply losses from the Strait of Hormuz closure.
Feb 28, 2026 · 35 articles
International
OPEC: OPEC+ agreed to lift oil output quotas, but the impact is limited as key members cannot boost production due to strait closures, indicating the severity of supply disruptions.
Apr 06, 2026 · 33 articles
International
OPEC: Iran is the third largest producer in the OPEC, making the potential disruption of its oil exports significant for the global oil market.
Mar 27, 2026 · 44 articles
International
OPEC: OPEC Plus announced an increase in oil production to mitigate the impact of the Middle East conflict on oil prices.
Feb 28, 2026 · 358 articles
International
OPEC: Iran, a member of the OPEC, is a significant oil producer, and disruptions to its facilities could impact global supply.
Mar 02, 2026 · 17 articles
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