The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

Oil prices fell on Friday on worries that U.S. tariff wars could spark a global recession, but gained for a third consecutive week after Washington ratcheted up pressure on OPEC members Venezuela and ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Big oil moves, shifting global dynamics, and a market that just got a lot more interesting. In Oliva Gibbs' latest webinar, ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

After the change in administration in the US, OPEC+ is losing its ability to control oil prices due to weak global demand and ...

Kuwait has approved a new financing and liquidity law, enabling it to borrow up to $97.3 billion to fund projects aimed at ...

EIA's delayed surplus forecast and uncertain oil market fundamentals point to potential price rally. Click to read why oil ...

NEW YORK] Oil prices fell on Friday (Mar 28) on worries that US tariff wars could spark a global recession, but gained for a ...

The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular ...