OPEC+

Al Jaber

COP28: OPEC votes against fossil fuel phase out

OPEC members are against including the phase-out of fossil fuels in the agreement expected to be announced at the end of COP28.

Biden threatens ‘consequences’ after OPEC+ cuts oil output

Tensions between the U.S. and Saudi Arabia have been building, but the Biden administration has now said it will “re-evaluate” the entire relationship following OPEC+ cuts.