Minister of Finance Mohammed Al-Jadaan commended the flexibility of OPEC Fund for International Development in responding to global market fluctuations, saying that this has ensured the continued flow ...

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 ...

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

Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week ...

Oil prices muted as strong dollar weighs; OPEC+ meeting awaited By Investing.com - Dec 03, 2024 Investing.com-- Oil prices rose on Tuesday amid pressure from a strong dollar as traders awaited ...

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 ...

They recovered modestly in anticipation of the OPEC Plus meeting, and analysts expect increased demand from summer travel in the Northern Hemisphere to temporarily support prices. So far ...

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 ...

Saudi Arabia officials arriving at the OPEC meeting in Vienna, Austria, in June. AFP via Getty Images The delay stoked concerns that more production could come online from oil producers in the ...