The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

Any regime change of President Nicolas Maduro could be a game-changer for oil production in Venezuela, U.S. access to ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

The recent decision to pause production increases by the Organisation of the Petroleum Exporting Countries and allies ...

On the eve of a contentious OPEC meeting in the 1980s, one of the cartel’s top officials penned a poem that caused quite a stir among his colleagues. As the group meets on Sunday facing the danger of ...

Oil is making a strong comeback as geopolitical agendas shape energy forecasts worldwide. But while the OPEC cartel sees ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DUBAI, United Arab Emirates (AP) — Talks ...

The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight. In its annual report on ...

NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to a small boost in oil production, citing a steady global economic outlook. The group ...

NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this ...

Opec has decided to hold steady with current production levels as oil on water hit all-time highs. As expected, the bloc chose to maintain output through the first quarter of 2026 after spending much ...