or OPEC. The intergovernmental organization — which has since expanded to 13 members across the Middle East, Africa and South America — aims to coordinate its members' policies to influence ...

OPEC’s share of India’s crude oil imports increased for the first time in nine years, signaling a shift in the country’s ...

Reviewed by Marguerita Cheng The Middle East includes five of the top ten oil-producing countries and is responsible for ...

OPEC+ has yet to react to a call from U.S. President Donald Trump for lower oil prices, with delegates from the group ...

President Trump is urging Saudi Arabia and OPEC to increase oil output to pressure Russia into ending the war in Ukraine, ...

Brent started the year near $76 and reached the $90s in mid-April in response to geopolitical tensions in the oil-rich Middle ... budget. OPEC will need to balance its members’ fiscal needs ...

While the Nigerian government has been boasting lately of increasing oil output to the tune of 1.8 million bpd, the latest data from the Nigerian Upstream Petroleum Regulatory Commission show that ...

AFP / Ryad Kramdi (Photo credit should read RYAD KRAMDI/AFP via Getty Images) Earlier this year, OPEC and its partners announced that it would begin to ease production cuts for members in the fall.

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Japan’s dependence on oil from the Middle East has risen to a record level at ... Crude oil prices quadrupled over three months following OPEC’s decisions, causing commodity prices in Japan ...