As is the stated purpose of this organization, OPEC’s No. 1 job is managing market share, not working to manipulate prices for crude oil. For well over a year, OPEC+ has worked to restrict their ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Oil prices fell sharply on Monday, reaching their lowest levels in 2025, following the unexpected decision by OPEC+ to restart some of its previously halted production. WTI crude fell 2% to settle at ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...

Unlike oil, however, the potash market has a far more favorable industry structure: two-thirds of worldwide potash production comes from just three countries and six companies, while OPEC has a ...

OPEC also kept its estimates for global economic ... "So far, they are not anticipated to materially impact current underlying growth assumptions, but the outcome of potentially further rising ...

While diversifying Saudi Arabia’s economy is crucial for sustainable growth, higher revenues would strengthen support for major investment ... OPEC’s production ceiling quotas. The real impact ...

Oil fell in the early Asian trade as traders digested mixed developments.

LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group ... Besides domestic investment, the biggest Gulf OPEC producers have added to their ...

OPEC also kept its estimates for global economic ... "So far, they are not anticipated to materially impact current underlying growth assumptions, but the outcome of potentially further rising ...