News

The oil producers' group says there's no peak demand in sight in its latest outlook as consumption will continue to rise. But ...
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...
The report predicts that Africa's total crude and condensate exports will remain stable at around 5.2 million barrels per day ...
OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical factors and a slowdown in non-OPEC discoveries, despite earlier predictions of ...
Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...
The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming ...
OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...
OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...