Administration officials now point to intensified opposition in Congress as a chief outcome of OPEC’s decision to slash output ahead of last year’s elections.

After an incredibly volatile 2022, OPEC+ will be hoping for a more stable oil market in 2023, with some analysts believing ...

Attendees at next week's OPEC+ committee meeting will have a lot to discuss as China’s reopening and the EU's Russian oil ...

OPEC said on Tuesday Chinese oil demand would rebound this year due to relaxation of the country's COVID-19 curbs and drive global growth, and sounded an optimistic note on the prospects for the world ...

cajoling - to get OPEC to increase production to bring down oil prices. When OPEC+ responded not only by refusing to increase production but by actually cutting production, it was viewed in ...

Gulf states in the organization are showing increasing interest in funding projects related to the environment, renewable ...

The Organisation of Petroleum Exporting Countries (OPEC) may cut oil production output by as much as 1 million barrels per day when they meet tomorrow, some delegates said yesterday. If the ...