OPEC members lost a ... With the Covid-19 crisis hitting the oil industry a lot harder than the 2014-2016 crisis, chances are the losses that OPEC producers ... helped draw down ...

Producer group OPEC and the International Energy Agency, the world's most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years in their ...

OPEC's new chief says the cartel can't be blamed for high oil and gas prices, and underinvestment in the entire industry is behind the global energy crisis ...

OPEC+ nations announced oil output cuts totaling 1.2 million barrels a day on Sunday. Crude oil futures rose as much as 8% on the news. They had tumbled in March due to the bank crisis. The move ...

The OPEC+ group of oil producers is discussing output cuts of more than 1 million barrels per day (bpd), OPEC sources said, ... OPEC+ mulls largest cuts since 2020 pandemic crisis. Contributors.

OPEC raised forecasts for global oil demand through to the middle of the century, even as the world shifts away from fossil fuels to avert catastrophic climate change.

His latest book is War, Work & Want: How the OPEC Oil Crisis Caused Mass Migration and Revolution. As the 2024 World Migration Report reminds us, we live in an age of mass migration.

The head of the Organization of the Petroleum Exporting Countries — a group of the world’s major oil producers — told CNN Monday that a lack of investment in the oil industry posed a danger ...