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 ...

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 ...

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 ...

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

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. NEW YORK (AP) — As demand for fuel plummeted ...

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 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 ...

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