A former president of Opec enjoyed a “life of luxury” in the UK including chauffeur-driven cars and a personal shopper at ...

By Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Jan 26 (Reuters) - OPEC+ is expected to keep its pause on oil output ...

OPEC+ is expected to keep oil production unchanged through March, maintaining its first-quarter supply pause as it weighs weak seasonal demand against geopolitical and sanctions-related risks.

Diezani Alison-Madueke accepted cash bribes and “vast quantities” of luxury perks in exchange for handing over lucrative ...

By Steve Holland and Jarrett Renshaw WASHINGTON, Jan 14 (Reuters) - President Donald Trump said on Wednesday that he believes it would be better for Venezuela to remain in the Organization of the ...

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

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

Equatorial Guinea, OPEC's smallest producer, is seeking $300 million in prepaid deals from commodity traders for future crude ...

OPEC projects road transport to add 4.6 mbpd and petrochemicals to emerge as a key growth pillar as India becomes the world’s biggest source of incremental oil demand.

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that the global oil demand for 2027 is estimated to be 107.86 million barrels per day (bpd), higher than the ...

Crude oil prices across Organization of the Petroleum Exporting Countries (OPEC)-linked grades declined in December 2025 as global market conditions tilted decisively ...