"On our side, we will be glad to see you at the traditional Russian Energy Week in Moscow," the Russian president said at the meeting with OPEC Secretary General Haitham Al Ghais ...

In turn, the Russian government reported that Novak and OPEC Secretary General discussed the situation on the oil market due to escalation of the conflict in the Middle East among other things ...

The OPEC Fund For International Development has pledged to provide more than $1 billion in funding to Africa and developing countries elsewhere as part of a broader $2 billion pledge by Arab nations ...

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

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

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week for the Global Energy Show, which is to kick off with a keynote address from ...

The meeting is crucial because it determines supply of oil in the market. Crude oil prices have increased 2 percent in the week ahead of the OPEC meeting with prices hovering around $73 per barrel ...

Oil prices are rising ahead of the Organization of the Petroleum Exporting Countries (OPEC) meeting on Thursday. Crude values sank across the board after OPEC delayed the event on Nov. 22 but are ...

OPEC’s decision to postpone its meeting to November 30 “put some additional, if temporary, downside pressure” on oil, analysts at BMI, a Fitch Solutions company, outlined in a report sent to ...

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The expectation going into this meeting was that OPEC countries would continue cutting back supply, something they started earlier this year in an effort to boost prices. But according to the ...

VIENNA, June 3 (Reuters) - OPEC and its allies began two days of meetings on Saturday that may culminate in further production cuts of as much as 1 million barrels per day, OPEC+ sources told ...