Producer group likely to watch US president-elect’s plans to impose sanctions against Iran and Venezuela, say analysts ...

OPEC cut oil demand growth forecasts for this year and next for a fifth straight month, making its deepest reduction to the ...

The oil market is still expected to be abundantly supplied next year even after OPEC+ extended steep production cuts till the ...

Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...

OPEC cut its forecasts for oil demand growth this year and next on Wednesday, highlighting weakness in China, India and other ...

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a ...

The OPEC+ group extends production cuts until 2026, with gradual increases and extended compensation period. Analysts view ...

OPEC on Thursday extended the voluntary crude oil production cuts of 2.2 million barrels per day till the end of March due to ...

OPEC's crude oil production increased in November, primarily due to higher output from Libya and Iran, despite the OPEC+ ...

OPEC+ on Thursday pushed back the start of oil output rises by three months until April and extended the full unwinding of ...

The Vienna-based cartel cut the forecast for the fifth consecutive month after further postponing plans to increase output ...

Eight OPEC+ countries will extend their "voluntary adjustments" of 2.2 million barrels per day until the end of March, the ...