The Organization of the Petroleum Exporting Countries stuck to its oil demand forecast for this year after a series of cuts and projected broadly stable growth into 2026. The Vienna-based cartel ...

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...

Obituaries for OPEC have been prematurely written before, but the emergence of new producers outside of the oil cartel and the continued slowdown of China's economy may be shifting the balance of ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

OPEC forecast another year of steady oil demand growth ... barrels a day over the course of the next two years. However, the cartel’s bullish outlook is undermined both by signs of faltering ...

Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% after Trump spoke.

the cartel’s formal name for OPEC+, was formed in 2016 and comprises the 12 OPEC members and 10 non-members, of which Russia is the largest producer. In December, overall OPEC crude-oil ...