The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

Sara Vakhshouri, President of SVB Energy International, also talks about the other dynamics at play in the oil market, ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

President Trump's ultimatum to President Maduro escalates tensions as Venezuela struggles with economic collapse and mounting ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows down its push to regain market share amid fears of a looming supply glut.

OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...