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

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

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

The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and put on sale on international markets 100,000 bpds less daily as fears of a recession keep ...

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

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

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 ...

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

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 ...