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

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

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.

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

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 ...

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 bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

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

Unsurprisingly, it only took him 72 hours after being sworn in to take aim at the cartel ... lifted oil prices. At the time, Trump recognized that for many years he had “hated OPEC,” but ...

For guidance, remember that the first time Trump posted on social media about the cartel during his first ... to cut production that lifted oil prices. At the time, Trump recognized that for many ...

As the Ukrainian News agency earlier reported, on January 23, U.S. President Donald Trump said that he intends to ask OPEC countries to lower oil prices, since a decrease in the cost of "black gold" ...

"One way to stop it quickly is for OPEC to stop making ... countries have cooperated on oil. In 2016, Russia and other oil producers that weren’t part of the alliance joined with Saudi Arabia and ...