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

The oil producers’ group maintained plans to keep output levels unchanged at its latest meeting, as market fears over a ...

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

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

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

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

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

Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...

The US Energy Information Administration (EIA) recently released its forecast for OPEC’s crude oil production in 2026, ...

NEW YORK — 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 year.

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 ...