Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

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

Russian Deputy Prime Minister Alexander Novak met with OPEC Secretary-General Haitham Al Ghais on Wednesday to discuss the state of global energy mark ...

The Organization of the Petroleum Exporting Countries (OPEC) produced less crude oil in May than its laid out plans.

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

The Organization of the Petroleum Exporting Countries (OPEC) said on Monday it would keep its forecasts for global oil demand ...

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

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

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

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

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