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

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 ...

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

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 ...

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

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

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

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

Collaboration in key development areas such as climate action, food security, renewable energy, health and technical capacity ...

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

There are expectations from the Organisation of the Petroleum Exporting Countries (OPEC) that the Dangote Petroleum Refinery will help reduce fuel prices.