In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) to achieve and sustain a stable oil market, the Participating Countries ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows down its push to regain market share amid fears of a looming supply glut.

WTI settled below $62, down 14% this year as global supply growth and weak US jobs data weigh on demand outlook. Oil fell to the lowest since May ahead of a weekend OPEC+ meeting where Saudi Arabia ...

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

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

Eyebrows all over the world were raised when he said, “There is no price war” – after all, anyone with even a passing interest in the oil and gas industry over the past 25 months would disagree. But ...

The OPEC-Nigeria Bilateral Meeting that took place last week has sent yet another signal of the strong dialogue and cooperation between OPEC and Africa’s biggest producing country. African Energy ...

HOUSTON (Reuters) -Crude futures fell marginally on Friday as investors considered oil's geopolitical risk premium amid drawn-out Russia-Ukraine peace talks, while keeping an eye on Sunday's OPEC+ ...

Russian authorities have no plans to initiate talks with Saudi Arabia and other Opec members until the negative impacts of the coronavirus on global energy consumption and quarantine measures are ...

VIENNA, Austria (AP) OPEC delegates broke off informal talks Wednesday without agreeing whether the oil producers cartel should adjust output, highlighting their dilemma of trying to reverse a slide ...

The novel coronavirus outbreak and disagreements between the Organization of the Petroleum Exporting Countries have caused global oil prices to plummet Monday, and experts say this could mean U.S.

VIENNA, Oct 24 (Reuters) - An emergency OPEC meeting on Friday was expected to cut production by at least a million barrels per day as a first step towards halting a deep price slide. Sign up here.