An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

OPEC+ reaffirms its oil output plans despite patchy compliance from some members, urging full conformity with agreed production levels as voluntary cuts unwind.

CNBC's Brian Sullivan reports on news regarding OPEC's international seminar. With new power, Trump will move immediately to lay off federal workers Simon Cowell Stops ‘AGT' Audition, Asks ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

At the Opec International Seminar in Vienna, Indian petroleum minister Hardeep Singh Puri met with Opec secretary general Haitham Al Ghais to discuss the need for a stable and predictable oil market.

OPEC now sees global demand growing by 1.3 million barrels a day, or mbd, in 2025 and by 1.28 mbd in 2026. In March, the cartel had forecast growth of 1.45 mbd this year and 1.43 mbd in 2026.

Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6%. The increase was much more than expected and starts in May.

Oil futures rebounded from the previous day's selloff as the OPEC and non-OPEC ministerial meeting ended with agreement to keep quotas in place through 2026. The meeting came ahead of Saturday's ...

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share remained steady, data obtained from trade sources showed.