Muhammad Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be examined strictly according to the interests of OPEC.

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

Oil prices slipped on Monday after U.S. President Trump called on OPEC to reduce prices following the announcement of wide-ranging measures to boost U.S. oil and gas output in his first week in office ...

Iran, exempted from the OPEC+ cuts due to the U.S. sanctions, saw the second-largest increase in oil output within OPEC and is estimated to have pumped 3.15 million bpd in September—the highest ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

OIL companies on Tuesday lowered the prices of gasoline and diesel by 10 centavos per liter and kerosene by 30 centavos.

The Organization of the Petroleum Exporting Countries pumped 26.53 million barrels per day last month, down 50,000 bpd from ...

OPEC's total spare capacity is 5.3 million bpd, of which 3.1 million bpd is held by Saudi Arabia, 1.1 million bpd by the UAE, ...

LONDON, Feb 5 (Reuters) - OPEC oil output fell in January for a second ... came as the wider OPEC+ group is keeping production cuts in place until the end of March due to global demand concerns ...