Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...

Oil prices climbed on Tuesday as investors awaited the outcome of U.S.-China talks that could pave the way for easing trade ...

The secretary-general of the Organization of Petroleum Exporting Countries says the world's thirst for oil will continue for ...

Haitham al-Ghais, the Secretary-General of the Organization of Petroleum Exporting Countries, said Tuesday at the Global ...

Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...

OPEC crude oil production rose by 150,000 barrels per day (bpd) in May, reaching 26.75 million bpd, a Reuters survey showed.

U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.

Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...

More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week ...

"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...