OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

Oil prices rebounded on Friday after Russia’s deputy prime minister suggested oil cartel Opec+ could reverse a plan to ...

VIENNA, 24th September, 2021 (WAM) -- The price of OPEC basket of thirteen crudes stood at $75.44 a barrel on Thursday, 23rd September, compared with $74.46 the previous day, according to OPEC ...

Trump promised lower energy prices, and he’s using the White House to bring them down, even if it hurts American oil and gas ...