An OPEC+ panel on Monday stressed the need for full compliance with oil production agreements, ahead of Sunday's separate ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...

Iraq's Oil Ministry announced the Baghdad International Energy Forum (Sep 6-7) will host OPEC's Secretary General and energy ...

OPEC+ reaffirms its oil output plans despite patchy compliance from some members, urging full conformity with agreed production levels as voluntary cuts unwind.

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution? OPEC+ made two big news headlines within the last week: hosting the ...

An OPEC+ ministerial committee made no recommendations for the group to change its oil-output policy as key members prepare to discuss September production levels later this week.

The group’s message from its biennial gathering in Vienna is that the “energy transition” will lean on hydrocarbons for ...

O PEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view, based on rising consumption in the developing world, and ...

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...

OPEC announces cuts to oil production Oil markets shuddered after a surprise announcement this weekend that Saudi Arabia and other oil-producing countries would cut their output of crude oil ...