OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did not ...

The non-story of the week is — or rather, should have been — the OPEC+ meeting of the world’s top oil exporters, who meet ...

OPEC’s crude oil production fell in January by around 60,000 barrels per day (bpd) due to cuts by top producer Saudi Arabia ...

Oil prices rebounded on Thursday after tumbling in the previous session as a weaker dollar brought back some appetite for ...

Crude oil prices reversed their losses on Thursday after the Organisation of Petroleum Exporting Countries (OPEC) agreed to ...

A panel of energy ministers said the group of petrostates would continue cutting oil production, amid uncertainties about ...

LONDON: OPEC oil output fell in January, a Reuters survey found on Tuesday, as Iraqi exports declined and Nigerian output did ...

Experts say the decision by Saudi Arabia, Russia and other major oil producers could be motivated by a desire to maintain ...

A committee of major oil producers recommended Wednesday to maintain the cartel's current reduced output strategy, as the global economic outlook remains uncertain and the war in Ukraine drags on.

As expected, the Joint Ministerial Monitoring Committee of the OPEC+ group recommended making no changes to oil production quotas.

Despite the increase in oil production last month, OPEC was still pumping well below the collective target of the ten members bound by the OPEC+ pact. The larger OPEC+ group moved to cut its ...