The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.

President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of ...

OPEC on Wednesday said world oil demand would rise at a similar pace in 2027 as this year and published data indicating a ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

Four key Opec+ producers have pledged to deepen their compensation cuts in the first half of 2026 as the organization looks ...

The prospect of increased U.S. influence over Venezuela’s oil industry is raising questions about Washington’s potential ...

OPEC is pursuing a long-term strategy to increase its market share and is unwinding production cuts, with oil prices remaining strong due to factors beyond OPEC's direct control. The rise in oil ...

OPEC expects global oil demand to grow by 1.34 million barrels per day (bpd) in 2027, pointing to a delicate balance between ...

The OPEC Secretariat announced on Wednesday that it had received updated compensation plans from Iraq, the UAE, Kazakhstan, ...