VIENNA, 14th March, 2019 (WAM) -- The price of OPEC basket of fourteen crudes stood at US$66.60 a barrel on Wednesday, 13th March, compared with US$66.30 the previous day, according to OPEC ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

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

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

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

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

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

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

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

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

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 ...

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