The Organization of the Petroleum Exporting Countries, or OPEC, has had massive influence over American politics for six ...

OPEC Secretary General Haitham Al Ghais on Thursday defended the recent adjustments to the OPEC+ oil output deal, calling it ...

OPEC+ changes course, announcing plans to gradually increase oil production in the coming years, signaling a shift in ...

OPEC oil output rose in May, a Reuters survey found on Tuesday, as higher exports from Nigeria and Iraq offset the impact of ...

The group announced after its meeting on Sunday that it would be extending production cuts into 2025 and laid out plans for ...

U.S. crude oil prices hit their lowest level since February due to concerns over OPEC's decision to unwind production cuts, ...

The OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high through the November ...

OPEC+’s decision on Sunday to put more oil into the global market potentially keeps a lid on gasoline prices through the end ...

Indian Prime Minister Narendra Modi appears set to win a third term, while South Africa’s ruling African National Congress ...

The OPEC announcement over the weekend was widely seen as a plan to add back production from members’ current coordinated ...

The market reaction to OPEC's latest production policy announcement was excessively negative, partly due to many executed ...

Major producers, including Saudi Arabia and Russia, are set to gather virtually on Sunday. They are expected to maintain ...