Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

The oil producers' group says there's no peak demand in sight in its latest outlook as consumption will continue to rise. But ...

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

Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...

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 ...

The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

The report predicts that Africa's total crude and condensate exports will remain stable at around 5.2 million barrels per day (bpd) through 2035, but by 2050, they are expected to decline to 4.2 ...

OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight ...

OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.