OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...

OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Oil was trading slightly lower ahead of an OPEC+ meeting on July 6 that is set to deliver another oversized production hike.

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...

Oil prices dipped on Thursday as analysts weighed the implications of the U.S. tariffs set to be imposed only July 9, as well as the likelihood of the Organization of the Petroleum Exporting Countries ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...

The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...

Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic ...

Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...