OPEC+ weighs a June quota hike after UAE’s exit, but Iran war and Strait of Hormuz disruption keep real oil supplies ...

The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil ...

In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) ...

OPEC+ agreed on Sunday a fourth increase in its oil output targets in as many months, ‌even though the U.S. war with Iran is ...

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OPEC+ ministers are set to meet amid soaring oil prices driven by geopolitical tensions. Will their decisions affect fuel ...

Consultants and analysts gathered at OPEC’s Vienna headquarters for a technical meeting on June 1 warned that it will take ...

Standard Chartered Bank Energy Research Head Emily Ashford warned that the next OPEC+ meeting on April 5 'could result in abandonment of voluntary output cuts and compensation cuts'. Image by ...

Mkpoikana UdomaPort Harcourt — Nigeria has continued to maintain crude oil production within its OPEC quota while simultaneously expanding its production capacity, positioning the country to take ...

Oil production among OPEC members fell more than 30% since the beginning of the Iran war, the organization said.