OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...

The oil producers' group says there's no peak demand in sight in its latest outlook as consumption will continue to rise. But ...

Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical factors and a slowdown in non-OPEC discoveries, despite earlier predictions of ...

OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...

CNBC's Dan Murphy goes behind the scenes at OPEC HQ in Vienna, Austria and speaks with Secretary-General Haitham Al-Ghais.

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...

OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.

OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...