The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

The Opec+ alliance has stuck to its production policy amid pressure from US President Donald Trump to lower crude prices by ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Iran's President Masoud Pezeshkian has urged OPEC members to unite against possible U.S. sanctions after U.S. President ...

If OPEC+ miscalculates its response, it risks either exacerbating the price fluctuations or losing market share to non-OPEC producers who may capitalise on the shifting trade flows. Oil-importing ...

OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.

Oil prices slump as rising U.S. stockpiles, weak China demand, and Trump’s tariff threats fuel bearish sentiment. Will OPEC+ ...

West Texas Intermediate (WTI) crude Oil price continues to decline for the second consecutive day, trading near $71.50 per ...