OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ...

The world needs more investment in oil and gas as they will continue to account for a large part of the global energy mix in 2050, OPEC Secretary General Haitham Al Ghais said on Wednesday, ...

LONDON, Oct 2 (Reuters) - OPEC's oil output rose further in September after an OPEC+ agreement to raise production, a Reuters survey found on Thursday, mainly due to higher production by the United ...

Ever since OPEC+ started ramping up supplies in April, the group has drawn reassurance from one key oil indicator: the price curve. As it prepares to meet this weekend, that gauge is faltering. OPEC ...

Oct 15 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) is moving to appoint "one of the top consultants" to visit member states and assess their production capacity in the ...

The Organization of the Petroleum Exporting Countries and its allies agreed on a restrained oil output increase on par with earlier moves, a bet that the group can eke out more revenue without causing ...

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. OPEC Secretary General Haitham Al Ghais emphasizes the critical need for ...