Venezuelan President Nicolas Maduro has called on the Organization of the Petroleum Exporting Countries (OPEC) to help his country counter “growing and illegal threats” from the United States and its ...

The Organisation of Petroleum Exporting Countries (OPEC) has maintained Nigeria’s oil production quota of 1.5 million barrels ...

The Organisation of the Petroleum Exporting Countries (OPEC) and the Declaration of Cooperation (OPEC+) held several ...

OPEC+ nations gathering this weekend are once again grappling with the thorny question of how much oil they’re physically ...

The participating countries reaffirmed their Nov. 2 decision to pause production increases in January, February, and March ...

OPEC+ has kept oil production steady for Q1 2026, citing market stability, while planning assessments for 2027 output quotas.

A key player in the oil industry and central to producer-consumer relations, the Organization of the Petroleum Exporting Countries (OPEC) was formed by major oil exporters to stabilize prices and ...

The U.S. shale boom has eroded OPEC's grip on oil markets. Bank of America estimates that oil from the rest of the world, ...

The Organisation of the Petroleum Exporting Countries (OPEC) has maintained Nigeria’s crude oil production quota at 1.5 ...

April 3 (UPI) --Eight OPEC oil-producing nations Thursday agreed to boost crude oil production beginning in May. OPEC said in a statement that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows ...

Nigeria, a leading African oil-producing and exporting nation, would continue to produce 1.5 million barrels per day (bpd) till December 2026.