The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.

By Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Jan 26 (Reuters) - OPEC+ is expected to keep its pause on oil output ...

Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude ...

OPEC on Wednesday said world oil demand would rise at a similar pace in 2027 as this year and published data indicating a near balance between supply and demand in 2026, contrasting with other ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here.

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC+ nations are trying to reach consensus on how to adjust their oil production next month, with either a modest or more substantial ...

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. In its December Short-Term Energy ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...

OPEC’s share of India’s crude oil imports climbed to an 11-month high in December as U.S. sanctions curbed Russian shipments, ...

Madueke, a former Nigerian oil minister and the first woman president of OPEC, had its start delayed Monday for legal and ...