The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand ...

OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...

The Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly update that for India, monetary easing is expected to play an important role in mitigating the tariff-related ...

The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

The Organisation of the Petroleum Exporting Countries (OPEC) says despite a decline in production, Nigeria retained its ...

The United States and its allies, in coordination with the IEA, last tapped emergency oil stocks in early 2022 after the ...

Oil price hovers at $73 per barrel By Udeme Akpan, Energy Editor THE Organisation of Petroleum Exporting Countries, OPEC, ...

The organization left its forecasts for global oil demand growth unchanged in 2025 and 2026, after reductions in April ...

OPEC expects the global economy to remain resilient in the second half of this year despite concerns about trade conflicts ...

OPEC's cautious supply return strategy is being seen by many as a price war, but it aims more to balance long-term market share and avoid severe budget impacts than to sharply undercut prices.