By Robert Harvey LONDON, Jan 21 (Reuters) - The global oil market will be in deep surplus in the first quarter of 2026, the International Energy Agency said on Wednesday, as so far excess supplies ...

By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes ...

The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum ...

Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude ...

Crude oil prices across Organization of the Petroleum Exporting Countries (OPEC)-linked grades declined in December 2025 as global market conditions tilted decisively ...

OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC's direct control. The rise in oil ...

Analyzing payrolls, OPEC cuts, and consumer credit data. Is a recession lurking behind the Halloween festivities? Steve Van ...

OPEC continued to project a substantial supply deficit in global oil markets this year and next even as the group revives production, a view that clashes with the wider industry. The Organization of ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...