Current market volatility is being caused by the OPEC producer group rather than the conflict in the Middle East, said Union ...
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 ...
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production targets, pushing back against ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
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.
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.
LONDON, April 11 (Reuters) - OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in global oil demand in 2024, highlighting an ...
The Organization of Petroleum Exporting Countries pledged to help Namibia become a significant crude producer, widening a ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...