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

An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, ...

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

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

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 ...

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

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 ...

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 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 ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change to the supply and demand outlook in its monthly market report.