News

The oil producers' group says there's no peak demand in sight in its latest outlook as consumption will continue to rise. But ...
CNBC's Dan Murphy goes behind the scenes at OPEC HQ in Vienna, Austria and speaks with Secretary-General Haitham Al-Ghais.
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
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 ...
OPEC said the global economy may perform better than expected in the second half of the year despite trade conflicts and ...
OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight ...
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...
The Organization of the Petroleum Exporting Countries said it anticipates an easing of global trade tensions in the coming ...
OPEC projects rising oil demand through 2050 and calls for $18.2 trillion in oil and gas investments to secure future energy ...
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OPEC Will Soon be Old Enough to Retire
The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?
OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.
Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...