The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

A key player in the oil industry and central to producer-consumer relations, the Organization of the Petroleum Exporting Countries (OPEC) was formed by major oil exporters to stabilize prices and ...

March 11 (Reuters) - The following are changes in oil output limits for those members of the Organization of the Petroleum Exporting Countries subject to restrictions. All of OPEC's 12 current members ...

OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last month’s report. OPEC has announced plans to increase output at about 411 kb/d ...