OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

OPEC+ is unlikely to alter existing plans to raise output gradually when it meets on Monday, delegates from the producer ...

The Organisation of Petroleum Exporting Countries (OPEC’) witnessed oil production decline in January for a second consecutive month amid lower output from ...

"My guess is that OPEC+ will reiterate that they are going to start unwinding 2.2 million [barrels per day] of production cuts starting in April, with monthly ... OPEC the excuse they needed to ...

OPEC+ didn’t make any changes to its existing oil production plans at a review meeting ... and then gradually restore output in monthly stages from April, according to a statement.