The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major ...

The cartel forecast demand to grow by 19 million barrels a day to around 124 million barrels a day in 2050, driven by road ...

OPEC maintained its forecast for robust global oil demand growth ​in the next four years on Thursday and nudged up its longer ...

OPEC Secretary General Haitham Al Ghais has pushed back against forecasts from the International Energy Agency (IEA) that the ...

Oil prices are suddenly moving closer to the high seventies, down from a peak above $100 per barrel, following news of the ...

OPEC Secretary General Haitham Al Ghais sits down exclusively with CNBC’s Dan Murphy in Vienna, following the release of the ...

Speaking exclusively to CNBC’s Dan Murphy, OPEC Secretary General Haitham Al Ghais addresses attacks on Gulf states by Iran ...

OPEC projects India's LPG demand to double to 2 million barrels per day by 2050, driven by residential and petrochemical ...

The cartel’s move to increase output by 188,000 barrels per day is largely symbolic, with vast amounts of the world’s oil ...

India's LPG consumption is projected to double to 2 mb/d by 2050, driven by residential cooking needs and expanding ...

OPEC plans to hike production by 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it ...

The 11-member OPEC depends on oil for a large part of government income. Read more at straitstimes.com. Read more at ...