OPEC’s history and rising energy and oil demand suggest that any claims of the organization’s waning importance, or indeed any predictions of peak oil in the coming decades, should be taken with a ...

Oil prices fell more than $2 a barrel on Wednesday, weighed down by an OPEC report saying global oil supply will match demand ...

LONDON (Reuters) -OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said the world economy was maintaining a solid growth trend in ...

OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ...

LONDON, Sept 8 (Reuters) - OPEC on Monday released a compensation schedule from six of its members covering the period from last month and until June next year to make up for producing above their ...

LONDON (Reuters) -World oil supply is expected to closely match demand next year as the wider OPEC+ group increases production, an OPEC report showed on Monday, marking a change from last month's ...

World stocks approached record highs as the U.S. government shutdown ended, yet the Japanese yen hit record lows against the ...