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 ...

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum ...

Created 50 years ago in the wake of the 1972 OPEC oil embargo, the Strategic Petroleum Reserve exists today in a very ...

Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude ...

India's Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to tap ...

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

Opec’s crude production held steady in December as a slump in Venezuela’s output to the lowest in two years was offset by ...

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that the global oil demand for 2027 ...

Nigeria’s crude oil production edged lower to 1.422 million bpd in December 2025, from 1.436 million bpd in November, ...