OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did not ...

The non-story of the week is — or rather, should have been — the OPEC+ meeting of the world’s top oil exporters, who meet ...

OPEC expected to keep its decision to cut production 2M barrels per day, while US Fed unlikely to make huge interest rate ...

The Organisation of Petroleum Exporting Countries (OPEC) and its oil-exporting allies known as OPEC+ yesterday announced a two million barrel per day cut in oil production. The oil cartel also ...

Output from OPEC and allies including Russia, known collectively as OPEC+, increased for most of 2022 as demand recovered. For November, with oil prices weakening, the group made its largest cut to ...

The call led to an oil production cut of about 9.7 million barrels per day by OPEC and its alliance countries OPEC+, for an initial period of two months that concluded on 30 June 2020, from 1 May ...

While the OPEC+ group is expected to maintain oil production at its virtual meeting set for Feb. 1, global demand for oil is ...

Oil prices steadied in early Asian trade on Tuesday after falling by more than 2% in the previous session on the threat of ...

The oil cartel OPEC's choice to pare back oil supply will harm the global economy and especially developing countries, U.S. Treasury Secretary Janet Yellen told the Financial Times in an interview ...

Saudi Arabia's Crown Prince Mohammed bin Salman at the G-20 Leaders' Summit in Buenos Aires in 2018. (Ricardo Mazalan/AP) ...