Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The Organisation of Petroleum Exporting Countries (OPEC) pumped a total of oil and condensate of 2.15 million barrels a day ...

OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

VIENNA, July 3 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) is set to hold its 9th OPEC International Seminar from July 9 to 10, bringing global energy leaders to Vienna to ...

The fund, founded by the Organization of the Petroleum Exporting Countries to fund projects in non-OPEC member states, also ...

In February 2024, these 11 countries produced 83.6% of all Non-OPEC oil. Non-OPEC Country’s Oil Production Charts Angola’s February production added 30 kb/d to 1,065 kb/d.

Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...

Despite easing supply concerns, WTI Crude Oil extended its gains. The latest recovery, which began on Tuesday, follows a 12% ...