Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...

BRASILIA, Brazil -- Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil state just nine months ahead of ...

West Texas Intermediate traded below $72 a barrel after rising by 1.6% in the week so far, while Brent crude closed near $76.

In its February Monthly Oil Market Report, OPEC said the Dangote refinery could help stabilise the supply of petroleum ...

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s crown prince wasn’t in the room for the first high-level talks between ...