OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

The oil market is trading with marginal declines this morning as the API numbers released overnight were largely bearish for ...

OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

After having a stellar start to the year, oil prices have slipped again as US President Donald Trump called on the world’s ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

Supporting investments in renewable energy, energy efficiency, climate adaptation, climate-related equipment production, and ...