We took a look back at the 1970s OPEC embargo and the 2022 inflation crisis to see if we're better off – or worse off – today ...

OPEC held its biennial seminar over July 9-10 in Vienna. Ministers representing OPEC countries, their allies and key consumers were joined by oil and gas CEOs, policymakers, analysts and members of ...

OPEC+ kept oil output unchanged on Sunday after a quick meeting that avoided discussion of the political crises affecting several of the producer group’s members. Sunday’s meeting of eight members of ...

Many groups, including the International Energy Agency, predict that the world’s peak oil production is close, and global oil demand will drop starting in the next decade as more renewables come ...

Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February, according to the Organisation of ...

As the IEA plans a record oil reserve release during the Iran war, here is how global crude supply is shaped by producers like Opec and consumer alliances managing strategic stockpiles.

CNBC's Brian Sullivan reports on news regarding OPEC's international seminar.

OPEC+ blindsided oil market participants, again, with a larger-than-expected oil production hike for August. Instead of the widely expected 411,000 barrels per day (bpd), the group of eight OPEC+ ...

Opec had pointed to tighter market in 2026 Demand unchanged for 2025 and 2026 IEA has predicted large 2026 surplus Oil prices edged lower on Thursday morning, extending losses from the previous ...

Saudi Arabia led a big ‌increase in OPEC oil output in the month ahead of U.S. and Israeli strikes on Iran, a Reuters survey showed on Friday.

The sun begins to set behind crude oil tanks and a pumpjack Tuesday, July 5, 2022 in Midland, Texas. (Odessa American/Eli Hartman) The global oil market just got something of a double boost from a ...