OPEC once controlled more than half of the world’s oil supply, giving the cartel enormous influence over global energy prices ...

Global oil demand is expected to rise by 2.4 million barrels per day (mb/d) in 2027, with India and other Asian economies emerging as key drivers of consumption growth, according to the Organization ...

Global oil demand is expected to rise sharply in 2027, led by India and other Asian economies, as economic activity and fuel ...

Ministers of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC participating countries in the ...

OPEC is a coalition of oil-producing countries that coordinates policies and production quotas to influence global oil prices. The group was formed in 1960 by Saudi Arabia, Iran, Iraq, Kuwait and ...

Sanaz Sohrabi’s feature-length documentary “An Incomplete Calendar” uses archival materials to reframe the oil cartel as an ...

NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing ...

OPEC raised its forecast for worldwide oil demand growth in 2027 while lowering its projection for 2026, citing disruptions linked to the Iran war and the need to replenish depleted petroleum ...

The Organization of Petroleum Exporting Countries (OPEC) on Tuesday raised its forecast for 2027 global oil demand growth for ...

Oct 13 - OPEC on Tuesday raised its forecast for world oil demand growth in 2027, citing the need for the world to rebuild ...

The Organisation of the Petroleum Exporting Countries (OPEC) recorded a significant increase in crude oil production in September, with output rising by approximately 920,000 barrels per day (bpd) ...

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...