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

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.

Experts say the decision by Saudi Arabia, Russia and other major oil producers could be motivated by a desire to maintain ...

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

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

U.S. oil producers remained active through January, with output last week holding at a pandemic-era high as it did across the month and in late 2022. The ...

An OPEC+ panel is likely to recommend sticking with the oil producer group's output policy when it meets on Wednesday, four ...

As expected, the Joint Ministerial Monitoring Committee of the OPEC+ group recommended making no changes to oil production quotas.

OPEC expected to keep its decision to cut production 2M barrels per day, while US Fed unlikely to make huge interest rate ...

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

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