Global oil prices may rebound to about $100 per barrel in the second half this year as Chinese demand recovers while supply ...

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

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

The Secretary General of OPEC believes OPEC+ deserves credit for the way it has handled oil markets in recent months. Last ...

A panel of OPEC+ energy ministers Wednesday said the group of petrostates would continue cutting oil production, amid uncertainties about demand in China and the impact of sanctions on Russian ...

“The OPEC Plus announcement was consequential to ... moment when the United States was leading a global campaign to cut off oil revenue to weaken its position in Ukraine. The episode underscored ...

Oil prices remained under pressure this year on global recessionary fears. United States Oil Fund, LP USO is off 8.1% this year while United States Brent Oil Fund LP BNO has lost about 7.2% past month ...

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 ...

Al Jazeera: So, does this mean the issue of oil output policy will be discussed during the OPEC Joint Ministerial ... s war in Ukraine as the sup­ply cut will raise prices. US ex­press­es ...

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 ...

Members of the Opec group of oil producers and their partners will meet via videoconference next Monday to decide on production levels for February, hoping to turn the corner on a difficult year.