The end of oil is not in sight, OPEC's top official said, as the pace of energy demand growth means that alternatives cannot ...
Insiders reveal that ADNOC is considering raising production to around 4.85-4.87 million bpd, breaking from the current OPEC ...
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 ...
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.
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.
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.