OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine ...

OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...

OPEC+ is unlikely to alter existing plans to raise output gradually when it meets on Monday, delegates from the producer ...

By expanding renewables domestically, these petrostates are freeing up more of their oil and gas for export instead of ...

As the Ukrainian News agency earlier reported, on January 23, U.S. President Donald Trump said that he intends to ask OPEC countries to lower oil prices, since a decrease in the cost of "black gold" ...

In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in the cartel. Angola, Africa’s second-largest crude ...

The perception of the impact of President Trump’s tariff threats and his call for OPEC to make crude less expensive led to ...

Saudi Arabia is the leading member of Opec, a cartel of 12 oil-producing nations which has ... to speed up the construction of new power plants. "Nothing can destroy coal - not the weather ...