OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

West Texas Intermediate (WTI) Oil price advances on Tuesday, according to FXStreet data. WTI trades at $72.92 per barrel, up ...

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 ...

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 ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has been working to provide that stability. Speaking at the India Energy Week, ...

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...