Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on ...

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 ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

After the change in administration in the US, OPEC+ is losing its ability to control oil prices due to weak global demand and ...

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

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

The OPEC Monthly Oil Market Report (MOMR ... Crude output has been cut by 2510 kb/d relative to the 2022 CTMA peak to 18339 kb/d in February 2025. The Big 4 may have roughly 2510 kb/d of spare ...

The move follows a sharp increase in oil prices, and a call from the United States to keep energy affordable. October 5, 2022 – OPEC and its allies, known as OPEC+, announce they will cut oil ...