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, ...

Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...

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

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

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

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

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

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

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

Saudi Arabia, the world's largest oil exporter, is expected to see a significant decrease in its crude oil shipments to China ...

Oil prices plunged this week as a result of OPEC+'s planned production hike and Trump's tariff policies, and oil majors sold ...