The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...

Sara Vakhshouri, President of SVB Energy International, also talks about the other dynamics at play in the oil market, ...

The meeting took place amid renewed US efforts to negotiate a peace agreement between Russia and Ukraine. A successful deal could potentially increase global oil supply if ...

President Trump's ultimatum to President Maduro escalates tensions as Venezuela struggles with economic collapse and mounting international isolation.

OPEC+ pumped ​43.06 million barrels per day of crude in ‍November, OPEC said in a monthly report, ​up 43,000 bpd from the ...

BRASILIA, Brazil (AP) — Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead ...