The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

By Alex Lawler LONDON, Dec 11 (Reuters) - World oil supply will match demand closely in 2026, OPEC data published on Thursday ...

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member's maximum ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...

The price of Brent crude fell to $59.70 a barrel in early trading, its lowest intraday level since May 5. The international ...

Jimsar shale oil demonstration zone in Xinjiang has reached its annual crude output goal of 1.7 million tonnes 22 days ahead ...

Sara Vakhshouri, President of SVB Energy International, also talks about the other dynamics at play in the oil market, ...