The group’s production decisions have confused the oil market. We will soon know how deep the cartel plans to dig in, Ben Cahill writes in a guest commentary.

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

OPEC’s secretary-general projects a 24% rise in global oil demand by 2050 and warns of dire consequences from chronic ...

Brazil joined OPEC+ and this signaled its efforts to be one of the key players in the energy sector. As the eighth biggest ...

Bero, the chairman of the Organisation of the Petroleum Exporting Countries (OPEC) board of governors and OPEC governor for ...

As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

Brent crude futures edged up 12 cents to $67.16 a barrel at 0041 GMT. U.S. West Texas Intermediate crude was trading up 13 ...