OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...

The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...

OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...

The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered ...

Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million ...

OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...

A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.

Following the release of the CPI report, oil prices retreated. It is the natural reaction of traders to sell when they sense ...

#OPEC’s Monthly Oil Market Report for April 2024 is now available online ... OPEC and its allies are voluntarily cutting ...

The move follows a sharp increase in oil prices, and a call from the United States to keep energy affordable. October 5, 2022 – OPEC and its allies, known as OPEC+, announce they will cut oil ...