Libyan Oil Minister, Khalifa Abdul Sadiq has discussed with his Saudi counterpart, Prince Abdulaziz bin Salman, during a meeting on the sidelines of the OPEC symposium, ways to enhance cooperation on ...

CNBC's Brian Wilson joins 'Power Lunch' from OPEC's seminar in Vienna, Austria. Donald Trump's remarks about Putin leave Russian state TV stunned ...

BAKU, Azerbaijan, July 6. Serbian Defense Minister Bratislav Gašić hosted a reception at the House of the Serbian Army in Belgrade for participants of the 14th class of the Advanced Security and ...

With Iran's crude exports so far unaffected, the OPEC secretary-general said OPEC doesn't need to take any immediate action.

OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according to the latest OPEC Monthly Oil Market Report.

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC oil producing countries.

“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings… ...

Analysts, OPEC ’s included, have revised down demand forecasts to account for the damage of Donald Trump’s trade wars. Non- OPEC countries, meanwhile, keep pumping more.

OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and ...

From transport corridors to vocational training and financing small businesses the OPEC Fund is supporting practical solutions that align with our partners’ priorities and deliver tangible results.

OPEC Fund Allocates Over US$600M to Strengthen Infrastructure, SMEs, and More The new investments reflect the OPEC Fund’s broader strategy of delivering tangible, practical solutions in line with the ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans to gradually increase crude production beginning in April.