The coalition, made up of the Organization of the Petroleum Exporting Countries and its allies, was initially scheduled to meet on Dec. 1. They will now confer virtually next week. The OPEC+ ...

The Organization of the Petroleum Exporting Countries and its allies will further push back an oil-production increase planned for January by three months amid softer prices and market concerns of ...

A trio of analysts speaking at Rice University forecast a supply surplus and narrow band of prices for oil markets in 2025 ...

Geological advantages are perpetual, but technological advantages can quickly become obsolete. David Fickling is a Bloomberg ...

But in a news release issued on Thursday by the Organization of the Petroleum Exporting Countries, eight countries, including Saudi Arabia and Russia, said they would delay starting planned ...

The Organization of Petroleum Exporting Countries pumped an average of 27.02 million barrels a day in November, up by 120,000 from the previous month, according to a Bloomberg survey. Libya ...

Motorists are expected to welcome 2025 with slight price reductions in petroleum products, industry sources said. For the ...

The member states of the Organization of Arab Petroleum Exporting Countries (OAPEC) have signed a decision to restructure the ...

Increasing output from Venezuela and Iran has also increased supply. While the Organization of Petroleum Exporting Countries and its allies (OPEC+) have had output cuts in place to maintain a ...

Kaabi, honoured the winners of the 2022 Organization of Arab Petroleum Exporting Countries (OAPEC) Scientific Research Awards ...