The Organization of the Petroleum Exporting Countries (OPEC) produced less crude oil in May than its laid out plans.

The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand ...

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

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

The International Energy Agency maintains its forecast that global oil demand will plateau by the end of this decade, driven by factors such as increased EV sales, slowing economic growth, and ...

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

Qatar, among the world's biggest liquefied natural gas exporters, sends almost all of its LNG through the strait. Iran has ...

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

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

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

Oil price hovers at $73 per barrel By Udeme Akpan, Energy Editor THE Organisation of Petroleum Exporting Countries, OPEC, ...