Standard Chartered Bank Energy Research Head Emily Ashford warned that the next OPEC+ meeting on April 5 'could result in abandonment of voluntary output cuts and compensation cuts'. Image by ...
A meeting of the OPEC group of major oil-exporting countries broke up late Thursday without agreement on cutting production to head off pressure on prices from abundant reserves and slowing global ...
In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) ...
The historic deal reached by OPEC and OPEC+ last April, which took effect a month ago, is slowly starting to take effect. Along with gradual reopening of global economies, production cuts are pushing ...
Oil prices extended their three-week slide Tuesday ahead of an OPEC+ meeting later this week, raising the possibility of ...
OPEC's mission is to unify the petroleum policies of its member countries in order to safeguard the interests of the ...
OPEC cuts 2026 oil demand growth forecast to 400,000 barrels per day. New all-time high for crude oil by December 31 at 16.5% ...