The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.

OPEC’s share of India’s crude oil imports climbed to an 11-month high in December as U.S. sanctions curbed Russian shipments, ...

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

India's Russian oil imports fell to their lowest level in two years in December, as Western sanctions pushed refiners to tap ...

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

Rampant inflation, a collapsing currency and export restrictions have destabilized the country's economy and sparked deadly ...

Since becoming the country with the largest crude reserves on the planet in 2010, its production has fallen to historic lows ...

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

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here ...

President Trump said in an interview Wednesday that he supports Venezuela staying in the Organization of the Petroleum ...

Bringing Venezuela’s output under U.S. control has the potential to disrupt the power balance in the world market.

Oil made headlines for plummeting prices in 2020 due to the impact of COVID-19. Here, we review what happened to oil prices ...