This manipulation was a catalyst for OPEC’s creation. The founding meeting established a system to ensure price stability and ...

Haitham Al Ghais, Opec Secretary General, affirmed that Opec has, and will continue to be a source of stability; a vital cog ...

Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come ...

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 ...

Sept 10 (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 Secretary General Haitham Al Ghais said on Saturday that projections indicate oil output from OPEC+ under the leadership ...

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. The cartel now sees demand for crude growing by 1.3 million ...

Marathon video chats led to a record-setting 9.7 million barrels per day in cuts. But analysts say that's not a big enough drop to balance oil... As Demand For Oil Dries Up, OPEC And Allies Agree To ...

Haitham Al Ghais, OPEC Secretary General, affirmed that OPEC has, and will continue to be a source of stability; a vital cog ...