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 ...

President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of ...

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

India's Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to tap ...

OPEC’s share of India’s crude oil imports climbed to an 11-month high in December as U.S. sanctions curbed Russian shipments, ...

The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential ...

OPEC on Wednesday said world oil demand would rise at a similar pace in 2027 as this year and published data indicating a ...

Opec’s crude production held steady in December as a slump in Venezuela’s output to the lowest in two years was offset by ...

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 ...

Nigeria’s crude oil production edged lower to 1.422 million bpd in December 2025, from 1.436 million bpd in November, ...