While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) ...

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 ...

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

The Chairman of the Board of Governors of the Organisation of the Petroleum Exporting Countries, Ademola Adeyemi-Bero, has said Nigeria should be producing up to four million barrels of oil per day ...

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

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

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...

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

There are expectations from the Organisation of the Petroleum Exporting Countries (OPEC) that the Dangote Petroleum Refinery ...

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