Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

OPEC Secretary-General Haitham Al-Ghais stressed that the organization’s decisions are guided by a long-term vision for global markets, aiming to achieve price stability. Speaking at the India Energy ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

The potential for renewed war in Gaza, heightened U.S.-Israel cooperation, and Russia’s growing vulnerability in oil exports create a bullish outlook for oil markets ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

Weak global demand has caused yet another delay in unwinding OPEC’s production cuts. Instead of taking place over 2025, the cartel is telegraphing a much longer period, from April 2025 through 2026.

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...