On Monday, OPEC Secretary General Haitham Al Ghais also defended the group's decision to cut production, adding that the move ...

OPEC Secretary General Haitham Al Ghais said on Monday the collective decision to cut output in October was the right move ...

Iran’s OPEC representative said that oil prices could hit $100 in the second half of the year as Chinese demand rebounds amid ...

The Secretary General of OPEC believes the OPEC+ group deserves recognition for its role in maintaining oil market stability ...

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.

Wednesday’s meeting was going to be an affirmation that oil prices are where the cartel, made up of Saudi-led OPEC and Russia-led ... by last year’s production cut of a headline 2 million ...

OPEC output hit its highest since 2020. PRODN-TOTAL OPEC+ producers boosted output for most of 2022 as demand recovered. For November, with oil prices weakening, the group made its largest cut to ...

Nigeria's oil production which began rebounding in November and December last year after a prolonged lull, stayed stagnant in January this year, a Reuters survey of activities in the month under ...

Saudi Arabia's Crown Prince Mohammed bin Salman at the G-20 Leaders' Summit in Buenos Aires in 2018. (Ricardo Mazalan/AP) ...