Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

The Organisation of the Petroleum Exporting Countries (Opec) said it expected the global economy to remain resilient in the ...

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 Gulf states are looking beyond oil and the internal combustion engine.

OPEC's cautious supply return strategy is being seen by many as a price war, but it aims more to balance long-term market ...

OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...

Vladimir Putin met with OPEC Secretary General Haitham Al Ghais on the sidelines of the International Economic Forum.

The Secretary General of OPEC told the Global Energy Show in Calgary that energy demand is expected to increase by 24 per ...

The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin ...

The West's energy watchdog said on Friday it was ready to release oil stocks should the market experience shortages following ...