The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

U.S. President Donald Trump is scheduled to attend a meeting of global financiers and tech executives hosted by Saudi ...

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day.

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

Supporting investments in renewable energy, energy efficiency, climate adaptation, climate-related equipment production, and ...