OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...

CNBC's Brian Sullivan reports on news regarding OPEC's international seminar. With new power, Trump will move immediately to ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution? OPEC+ made two big news headlines within the last week: hosting the ...

The Oil-price outlet is reporting that OPEC has refused accreditation for Reuters, Bloomberg, the New York Times, the ...

OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain below targets due to uneven compliance.

At the latest OPEC and non-OPEC ministerial meeting, which took place via videoconference on December 4, 2022, OPEC+ decided to hold production steady, OPEC’s website revealed.

This was the first OPEC meeting since US President Joe Biden visited Saudi Arabia last month. Biden urged the country — which is the group’s biggest oil producer — to start pumping more.

The highly-anticipated OPEC meeting will take place this week, but unlike the last few meetings, the hype and excitement is much less palpable. That is largely because the end result is thought to ...

Oil prices are down, with all eyes on Wednesday's OPEC meeting. The cartel, along with allies including Russia, is considering either a modest increase in oil output for September, or maintaining ...

0722 GMT – Oil prices slide ahead of a key OPEC meeting later. Brent crude is down 0.6% to $90.32 a barrel while WTI is 0.7% lower at $88.61 a barrel. The OPEC Joint Ministerial Monitoring ...

A separate statement posted on OPEC’s site on the same day revealed that OPEC+ countries which announced voluntary cuts in April 2023 and November 2023 - including Saudi Arabia, Russia, Iraq ...