News

The Trump administration’s recent move to revoke Biden-era restrictions on energy development in Alaska’s North Slope—especially in the Arctic National Wildlife ...
We’re expecting 138,000 barrels a day to be added by OPEC in April, with the group targeting the return ... or prospects and possible future actions taken by the fund, are also forward-looking ...
The OPEC Fund for International Development (OPEC Fund) (www.OPECFund.org) has approved over US$600 million in new development financing to support sustainable infrastructure, private sector ...
VIENNA, 8th April, 2025 (WAM) -- The OPEC Fund for International Development has signed a financing agreement with Banesco, a financial institution in the Dominican Republic, to provide a US$10 ...
The OPEC Fund for International Development (OFID) yesterday signed a loan agreement to provide 96.10 million euro (equivalent to $100 million) in budgetary support to Bangladesh. The loan will be ...
OECD commercial stocks remain well below the 5-year average, but oil prices remain low. OPEC has reduced its demand estimates for World liquids in 2025 and 2026, but revised its 2024 demand ...
The OPEC Fund for International Development has approved a grant of two million dollars to support an ongoing project established by the Islamic Development Bank (IDB) to repair and rebuild homes ...
Bhutan’s energy sector received a major boost yesterday as the Ministry of Finance signed USD 50 million loan agreement with the OPEC Fund for International Development. loan Kuensel is initiative ...
According to the Hajj Organizers Association of Pakistan (HOAP), approximately 50 million Saudi Riyals were accidentally transferred to an OPEC Fund account instead of the official account of ...