Nigeria's crude oil production has again exceeded the quota assigned to it by the Organisation of Petroleum Exporting ...

OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...

VIENNA: The Organization of the Petroleum Exporting Countries (Opec) announced on Wednesday a significant increase in oil ...

Former U.S. President Donald Trump’s energy policy pressures Saudi Arabia to keep oil prices within a tight range. With Saudi ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

The oil cartel known as OPEC Plus said it would continue the strategy agreed to in July, rubber-stamping a 400,000-barrel-a-day production increase for April. By Stanley Reed With the price of a ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC+ jolted markets by announcing it would flood the market with more oil.

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?

OPEC has agreed to pump more crude oil over the next two months as Russian production begins to drop because of Western sanctions. The oil exporters’ cartel said it would increase supply by ...

For over two years, OPEC and its partners from Central Asia, led by Russia, tried to push oil prices higher by withholding oil supply. Some did it more successfully than others.