The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...

Nigeria made the biggest oil production cut among members of the Organization of Petroleum Exporting Countries (OPEC) in March, reducing ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and ... readiness to make immediate adjustments to production.” The move seeks to keep prices ...

Russia has ordered the Black Sea terminal handling Kazakhstan's oil exports pumped by U.S. majors Chevron and Exxon Mobil to ...

(Reuters) - Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and ...

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...

October 5, 2022 – OPEC and its allies, known as OPEC+, announce they will cut oil production by 2 million barrels per day, the biggest cut since the start of the pandemic. January 1, 2024 ...