The eight OPEC+ members - Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman - raised oil output ...

OPEC has in the past managed to overcome serious internal rifts by prioritising market management over political disputes ...

Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

Eyebrows all over the world were raised when he said, “There is no price war” – after all, anyone with even a passing interest in the oil and gas industry over the past 25 months would disagree. But ...

OPEC+ will likely maintain steady oil output at its meeting on Sunday, three OPEC+ delegates said on Friday, despite ...

WTI settled below $62, down 14% this year as global supply growth and weak US jobs data weigh on demand outlook. Oil fell to the lowest since May ahead of a weekend OPEC+ meeting where Saudi Arabia ...

The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May 5, according to Kpler’s Amena Bakr on X. The call is set for noon Vienna ...

Oil steadied to end the week, with OPEC+ expected to focus on another modest output increase when key members convene this weekend and as US President Donald Trump denied that he was planning a ...

1053 GMT – Oil prices extend losses in midday trade, with Brent crude and WTI both down 1% to $68.08 and $66.33 a barrel, respectively, as fundamentals point to excess supply in the coming months.

New Delhi: Union petroleum and natural gas minister Hardeep Singh Puri has spoken to Haitham Al Ghais, the secretary general of Opec, on ways to ensure that oil markets remain balanced and predictable ...

VIENNA, Austria (AP) OPEC delegates broke off informal talks Wednesday without agreeing whether the oil producers cartel should adjust output, highlighting their dilemma of trying to reverse a slide ...

The OPEC-Nigeria Bilateral Meeting that took place last week has sent yet another signal of the strong dialogue and cooperation between OPEC and Africa’s biggest producing country. African Energy ...