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.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

OPEC oil production dipped in December – Report ... Also, Iran’s output, which hit the highest since 2018 last year despite U.S. sanctions, fell by 60,000 bpd, the survey found.

The market cannot overlook the increasing sanctions and potential disruptions to Russian and Iranian oil flows, which could ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

West Texas Intermediate (WTI) Oil price snaps a three-day winning streak, trading around $72.40 per barrel during European hours on Wednesday. The decline follows the American Petroleum Institute’s ...

OPEC oil output fell in January for a second month ... The modest decline in output came as the wider OPEC+ group is keeping production cuts in place until the end of March due to global demand ...