The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member's maximum ...

A study by Reuters revealed on Thursday that OPEC's production declined in November, despite an OPEC+ agreement to increase ...

Oil prices climbed on Thursday, with WTI oil ending the day with an increase of roughly 1%, trading at $59.70 a barrel. The ...

President Trump's ultimatum to President Maduro escalates tensions as Venezuela struggles with economic collapse and mounting ...

OPEC's oil output edged lower in November, despite an OPEC+ agreement to raise production for the month, due to outages in ...

Crude oil rose after OPEC+ held production steady and operations at the Black Sea terminal of the Caspian Pipeline Consortium ...

By Erwin Seba HOUSTON, Dec 1 (Reuters) - Oil prices rose more than 1% on Monday following drone attacks by Ukraine, the ...

Crude oil prices fell by the most in a month Wednesday, pressured by mounting concerns of an oversupplied global market after OPEC said it now expects a balanced market in 2026, altering its earlier ...

The Organisation of Petroleum Exporting Countries (OPEC) has maintained Nigeria’s oil production quota of 1.5 million barrels ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows ...

OPEC+ paused production increases, postponing quota decisions to manage fragile cohesion, geopolitical risks, and a ...