Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

According to OPEC's World Oil Outlook 2024, global oil demand is expected to exceed 120.1mln barrels per day by the end 2050, ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

Haitham Al Ghais, Secretary-General of OPEC, said that investment needs in the oil sector will remain substantial to reliably ...