The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+,  has decided to ramp up oil output by 137,000 barrels per day (bpd) in October.

The OPEC Fund for International Development (the OPEC Fund) announced the approval of more than US$1 billion in new ...

Oil prices rose on Monday even though the OPEC cartel of producers decided to hike output again in October. The production increase was modest, and the group left room for flexibility ahead. Brent ...

The Organisation of Petroleum Exporting Countries+ (Opec+) oil cartel has agreed to raise output again in October as the Saudi Arabia-led producer group continues a six-month push to regain market ...

Vienna-based Opec Fund, formed in 1976, only began issuing public bonds in early 2023. It has sold three dollar deals so far, ...

The OPEC Fund approved $576.5 million in loans for nine African nations to finance reforms, infrastructure, energy, and agricultural value chains. South Africa, Morocco and Côte d’Ivoire received the ...

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 ...

At the beginning of September, data from the Central Energy Fund (CEF) suggested that motorists were headed for a steep ...

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC bolstered crude production last month as the group and its allies continued to revive halted supplies, according to a Bloomberg ...