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

By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes ...

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

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

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

Crude oil prices across Organization of the Petroleum Exporting Countries (OPEC)-linked grades declined in December 2025 as global market conditions tilted decisively ...

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 ...

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

Analyzing payrolls, OPEC cuts, and consumer credit data. Is a recession lurking behind the Halloween festivities? Steve Van ...

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

[Stay on top of transportation news: Get TTNews in your inbox.] OPEC+ gathered online May 28 to ratify its current groupwide production quotas, ahead of a decision by eight key members this weekend ...