OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...

The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...

The Organisation of the Petroleum Exporting Countries (OPEC) says despite a decline in production, Nigeria retained its ...

The organization left its forecasts for global oil demand growth unchanged in 2025 and 2026, after reductions in April ...

The initial round of Israeli attacks sent oil prices 7 percent higher on Friday. Still, at about $74 a barrel, Brent crude ...

(Reuters) -Oil prices climbed over 2% on Tuesday as Iran-Israel tension intensified and U.S. President Donald Trump urged ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...

OPEC's cautious supply return strategy is being seen by many as a price war, but it aims more to balance long-term market share and avoid severe budget impacts than to sharply undercut prices.

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...