Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...
Oil rose as wider markets were lifted by a possible end to the US government shutdown, with crude traders also looking ahead ...
Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.
Eight members of the oil cartel agreed on Sunday to a small increase but said they would now pause in adding more oil, reflecting market concerns about an oversupply.
OPEC Secretary General Haitham Al Ghais speaks exclusively to CNBC’s Dan Murphy at ADIPEC in Abu Dhabi. He discusses OPEC’s ...
There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...
"We are making sure we maintain the supply demand balance", Ghais added at a panel at ADIPEC energy conference in Abu Dhabi ...
OPEC's oil output rose further in October after an OPEC+ agreement to raise production, a Reuters survey found on Tuesday, ...
OIL steadied as traders weighed concerns about a glut and fallout from US sanctions against Russia at the start of a ...
Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The Organization of Petroleum Exporting Countries (OPEC) decision to cut oil ...
The Organization of the Petroleum Exporting Countries (OPEC) is a bloc of thirteen oil-rich member states spanning the Middle East, Africa, and South America. Combined, the group controls close to ...
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