The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise ...

OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...

OPEC cut forecasts for global oil demand growth this year and next as President Donald Trump’s tariff onslaught takes a toll ...

Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.

The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular ...

according to a statement posted on the OPEC website. The decision followed a conference call between ministers on Thursday that was focused on member countries that had been consistently exceeding ...