The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

By Alex Lawler LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday ...

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...

Sara Vakhshouri, President of SVB Energy International, says OPEC has been a stabilizing force for the oil markets. She also ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member's maximum ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

OPEC initially began with five countries, which are Iran, Iraq, Venezuela, Saudi Arabia, and Kuwait, to end the dominance of the so-called ‘seven sisters’ Western oil companies and maintain stable oil ...

Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s oil output, excluding condensate, dropped by 0.7 per cent to 1.486 million barrels per day in November from 1.496 ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...