OPEC stated on Monday that it expects the global economy to be resilient in the second part of this year despite trade ...

OPEC is an international Organization of eleven developing countries which are heavily reliant on oil revenues as their main source of income. Membership is open to any country which is a ...

However, rising prices likely won't change the Organization of Petroleum Exporting Countries' (OPEC) mind about production cuts when the group meets Wednesday. The U.S. announced petroleum exports ...

Prices on the London International Petroleum Exchange (IPE) have staged a recovery, as indications emerged that the Organization of Petroleum Exporting Countries (OPEC) expects to announce an ...

The secretary-general of the Organization of Petroleum Exporting Countries says the world's thirst for oil will continue for decades to come and investment in the sector is necessary to meet those ...

Opening remarks by the Organization of Petroleum Exporting Countries (OPEC) Director of Research, Dr. Ayed Al Qahtani, kicked off a roundtable discussion at African Energy Week (AEW) 2023 ­– organized ...

Oil prices soar lifting Canadian dollar to four-week high The Canadian dollar strengthened the most in nearly four weeks against its U.S. counterpart on Wednesday as oil prices soared on a deal by ...

The African Energy Chamber (AEC) is proud to announce that H.E. Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), will deliver the opening keynote ...

The Organization of Petroleum Exporting Countries met last week in Vienna but no drastic change came out of this meeting. OPEC members did not manage to reach an agreement on how to adjust future ...

The Organization of the Petroleum Exporting Countries and allies including Russia, a group known as OPEC+ which pumps around 40% of the world's crude, agreed on a new oil output deal on Sunday.

Oil is riding the longest winning streak since December on optimism Saudi Arabia will support an extension to Organization of Petroleum Exporting Countries (Opec)-led output cuts just as US ...