The Organization of the Petroleum Exporting Countries pointed to high debt levels in key economies and tariff uncertainty as areas of concern.

State-owned Kuwait Oil Co. made a “major” discovery in the Jazah natural gas field in the OPEC member’s offshore region.

In an effort to boost revenue without driving up prices, OPEC and its allies agreed to continue taking a cautious approach to ...

Investing.com -- OPEC kept its global oil demand growth forecasts unchanged for 2025 and 2026 in its monthly report released ...

The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from August as the ...

Iraq lifted crude production in September in line with a broader rise across OPEC, after the producer group and its allies ...

OPEC oil output rose for a fifth month in November, a Reuters survey found, as increased Libyan production offset full adherence by other producers to cuts agreed in an OPEC-led supply deal.

Minister of State, Minister of Hydrocarbons and Mines, Mohamed Arkab, participated here on, Wednesday, via videoconference, ...

Saudi Arabia, the de facto leader of the oil cartel, sees advantages in increasing output despite market risks.

Oil prices are hovering near a four-month low, which highlights the delicate balancing act for OPEC and its allies as they ...

OPEC oil output has risen for a third month in September, a Reuters survey found, as a restart of some Libyan installations and higher Iranian exports offset strong adherence by other members to an ...