The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

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

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

U.S. Energy Secretary Chris Wright said on Monday that he was pleased with OPEC actions and had no specific requests of the ...

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

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

VIENNA, 18th January, 2021 (WAM) -- The price of OPEC basket of thirteen crudes stood at US$50.78 a barrel on Thursday, 17th December, 2021, compared with $50.12 the previous day, according to OPEC ...

Belarus and Russia are coordinating potash production cuts and may form a new cartel, which could drive potash prices higher.

Are OPEC production quotas the main reason for Aramco’s reduced dividends? Attributing Aramco’s reduced dividends solely to OPEC’s production restrictions oversimplifies a complex economic ...

Kuwait’s cabinet approved a draft decree that paves the way for the OPEC-member Gulf state to sell international debt for the ...