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

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.

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 ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

To secure its energy future and stabilize oil prices, the U.S. should join OPEC+ and formally cooperate with the original OPEC cartel. Joining OPEC+, a group of oil-producing nations that ...

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.

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 ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and ... Driving the glut, output from both inside an outside the cartel is expected to grow this year and ...

Donald Trump has a long history of criticising OPEC for high energy costs ... and its allies to “bring down the cost of oil.” The cartel’s semi-public initial reaction to Trump’s comments ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members ...

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 ...