OPEC on Wednesday said world oil demand would rise at a similar pace in 2027 as this year and published data indicating a ...

Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday.

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that the global oil demand for 2027 ...

OPEC+ production increased by 349,000 bpd in June, less than the planned 411,000 bpd hike. Saudi Arabia reported output above quota but said excess barrels were stored, not supplied. Iraq restrained ...

OPINION: Opec's latest World Oil Outlook offers reassurance to the hydrocarbon sector. The report acknowledges that the industry faces a nasty jolt from the Covid-19 pandemic, but predicts a quick ...

LONDON (Reuters) -Global oil supply will match demand in 2026 in a reflection of the wider OPEC+ group's production increases and higher supply from other producers, an OPEC report showed on Wednesday ...

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with a tight supply-demand balance expected in the months ahead, the group's ...

Eight oil-producing nations of the OPEC+ alliance agreed on Saturday to increase their collective crude production by 548,000 barrels per day, as they continue to unwind a set of voluntary supply cuts ...