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

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely driven by strong non-OECD growth ...

US President Donald Trump has raised the stakes for a meeting of an OPEC+ ministerial panel next month, with his call for the ...

Iran, Kuwait and Libya called on fellow OPEC members on December 18th to reduce production at the group’s next formal gathering in order to correct the current supply imbalance. Iran’s OPEC ...

Members of the Organisation of Petroleum Exporting Countries' (OPEC), which Nigeria is part of, got higher income in excess of $128 billion last year, data by the Energy Information Administration ...

opec 2008 2010 2012 2014 2016 -40 -20 0 20 40 60 80 100 % Note: OPEC members include Algeria, Angola, Ecuador, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates ...

Crude oil futures fell on Thursday after President Donald Trump said he will ask Saudi Arabia and OPEC to reduce prices. Trump claimed the Saudis and OPEC were responsible for fueling the war in ...

FRANKFURT, Germany (AP) — Eight members of the OPEC+ alliance of oil exporting countries decided Thursday to put off increasing oil production as they face weaker than expected demand and ...