"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the ...

OPEC’s share of India’s crude oil imports increased for the first time in nine years, signaling a shift in the country’s ...

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth ...

The spare capacity is the result of OPEC countries agreeing to crucial output to support high oil prices. Russia, a member of OPEC+, exports about 6.6 million barrels of oil and oil products a day.

Trump said he planned to ask the oil cartel to lower prices, which he said would lead to a swift end to Russia's war in Ukraine.

Members of the Organisation of Petroleum Exporting Countries' (OPEC), which Nigeria is part of, got higher income in excess of $128 billion last year, data by the Energy Information Administration ...

Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has a remit to "work together to ensure stable oil prices". The price of crude fell by 1% after Trump spoke.

The OPEC Fund for International Development (AA+/AA+ (Stable/Stable - S&P/Fitch) has mandated banks to arrange fixed income ...

Iran assumed the presidency of the organisation on January 1, 2025. The OPEC presidency rotates annually among OPEC member countries.