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

Loading of Venezuela's heavy crude at its main oil ports slowed this week after the administration of U.S. President Donald Trump published an executive order imposing a 25% tariff on trade with ...

Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Markets News, February 26, 2025: S&P 500, Nasdaq Composite Inch Higher to Snap Losing Run; Nvidia Jumps Ahead of Earnings, Tesla Extends Slump ...

Stagflation is a buzzword in the last months. Discover what stagflation is, its causes, and its economic consequences by ...

This means the country failed to meet the 1.5 million barrels per day OPEC production target set for its members. A review of Nigeria’s latest crude oil production data by SaharaReporters has ...

Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security (CNAS) speaks with Bloomberg TV’s Joumanna Bercetche on Horizons Middle East and Africa about Ukraine ceasefire talks, ...

Later this week investors will assess monthly reports from the International Energy Agency and OPEC for demand and supply forecasts.

Energy stocks are in decline, with the sell-off potentially continuing. Learn which high-yield energy stocks could be great buying opportunities right now.

U.S. Energy Secretary Chris Wright said on Monday that he was pleased with OPEC actions and had no specific requests of the Saudi Arabia-led oil producers group. He said he was happy OPEC was ...

On Friday, Russia refused to join the Organisation of the Petroleum Exporting Countries (Opec) in a large production ... outbreak looming in the background, there are no “winners” in this ...