Global indications suggest that OPEC is no longer able to effectively manage its six million barrels of surplus oil stocks.

OPEC+ is debating whether to raise oil output in April as planned or freeze it as its members struggle to read the global ...

OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...

Larry Hagman played oil baron J.R. Ewing in the primetime soap opera Dallas from 1978 to 1991. The show got a reboot in 2012 ...

OPEC and its allies face a tricky dilemma: should they start loosening oil production caps even though the crude supply and ...

OPEC+ is still weighing its Q2 oil production plans, according to eight OPEC+ sources who spoke to Reuters this week ...

The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil ...

The Organisation of the Petroleum Exporting Countries (OPEC) has assured of its commitment to unlocking Africa’s full oil potential, saying doing that remains the organisation’s top priority.The ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) ...

The Organisation of the Petroleum Exporting Countries, (OPEC) has reaffirmed its commitment to unlocking Africa’s full oil ...

Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...