"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 ...

The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

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 oil imports rose for the first time in nine years, signaling a shift in the country's sourcing ...

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 ...

Mission 300 has the potential to be a real game-changer for millions of people in Africa. Access to electricity will support ...

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

Rory Johnston, a Toronto-based oil market researcher and founder of Commodity Context, posted on social media that Trump wants to make “U.S. refinery feedstock — and U.S. consumer pump prices — more ...

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.

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

The Organization of the Petroleum Exporting Countries stuck to its oil demand ... was formed in 2016 and comprises the 12 OPEC members and 10 non-members, of which Russia is the largest producer.