Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...

The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight ...

Oil prices are influenced by a complex interplay of supply, demand, and geopolitical events, not solely by OPEC or U.S.

Nigeria's crude oil production has again exceeded the quota assigned to it by the Organisation of Petroleum Exporting ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.

The oil cartel known as OPEC Plus said it would continue the strategy agreed to in July, rubber-stamping a 400,000-barrel-a-day production increase for April. Skip to content Skip to site index.

The OPEC oil cartel and its allies, including Russia, will reportedly consider cutting output by more than 1 million barrels per day (bpd) at a meeting in Vienna on Wednesday.