On the eve of a contentious OPEC meeting in the 1980s, one of the cartel’s top officials penned a poem that caused quite a stir among his colleagues. As the group meets on Sunday facing the danger of ...

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

OPEC is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on Sunday, three delegates from the group said on Saturday, moderating a push to regain market share ...

The Organisation of Petroleum Exporting Countries (OPEC) has maintained Nigeria’s oil production quota of 1.5 million barrels ...

Crude prices appear to be consolidating around the $65 per barrel level as markets await the upcoming OPEC+ meeting, Ole R. Hvalbye, a commodities analyst at Skandinaviska Enskilda Banken AB (SEB), ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows ...

Members and representatives of 40th OPEC and non-OPEC participants in the ministerial meeting affirmed Sunday on their keenness to maintain a stable oil market. In a statement, OPEC members and ...

OPEC+ will likely lift its quotas by another 137,000 barrels per day for November when they meet on October 5, Skandinaviska Enskilda Banken AB (SEB) Chief Commodities Analyst Bjarne Schieldrop said ...

The meeting of Opec+, which pumps half of the world’s oil, comes as oil prices are also under pressure from the prospect of a ...

HOUSTON -Crude futures fell marginally on Friday as investors considered oil's geopolitical risk premium amid drawn-out Russia-Ukraine peace talks, while keeping an eye on Sunday's OPEC meeting for ...