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

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

Administration officials now point to intensified opposition in Congress as a chief outcome of OPEC’s decision to slash ...

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

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

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

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.

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

While the OPEC+ group is expected to maintain oil production at its virtual meeting set for Feb. 1, global demand for oil is ...