Russian Deputy Prime Minister Alexander Novak has discussed the situation on the global oil market with OPEC Secretary ...

OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...

The cartel trimmed next year’s forecast for supply growth from the U.S. and other rivals while keeping its oil demand ...

The OPEC Fund For International Development has pledged to provide more than $1 billion in funding to Africa and developing countries elsewhere as part of a broader $2 billion pledge by Arab nations ...

Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...

The meeting discussed the Opec Fund’s Annual Report for 2024 and focused on evaluating the progress made in implementing the ...

The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin ...

Analysts said OPEC might not see any urgency to shift policy, as the surge in prices was driven by a rising risk premium ...

The organization left its forecasts for global oil demand growth unchanged in 2025 and 2026, after reductions in April ...

The Organisation of the Petroleum Exporting Countries (OPEC) says it will maintain the global oil demand growth forecast at 1 ...

The world's leading oil corporation, the Organisation of Petroleum Exporting Countries, OPEC, said Nigeria's crude oil output ...

The fund, founded by the Organization of the Petroleum Exporting Countries to fund projects in non-OPEC member states, also ...