The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot ...
Current market volatility is being caused by the OPEC producer group rather than the conflict in the Middle East, said Union ...
Insiders reveal that ADNOC is considering raising production to around 4.85-4.87 million bpd, breaking from the current OPEC ...
OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million ...
The Organization of Petroleum Exporting Countries pledged to help Namibia become a significant crude producer, widening a path for the southern African nation to join the cartel.
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an expected surge in demand, OPEC said in its monthly oil market report.