Venezuela is likely to retain its seat in OPEC even if U.S. President Donald Trump successfully forces a change of government ...

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 Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

Prasanna V. Joshi of ExxonMobil emphasizes the need for increased investment in oil exploration and production to meet future demand, while cautioning that Opec's output increases may cause a ...

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

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

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

Opec has decided to hold steady with current production levels as oil on water hit all-time highs. As expected, the bloc ...

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

The Organisation of Petroleum Exporting Countries (OPEC) has maintained Nigeria’s oil production quota of 1.5 million barrels ...

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 ...