OPEC appointed Haitham Al-Ghais for a second three-year term as its secretary-general, extending his tenure until mid-2028.

Geological advantages are perpetual, but technological advantages can quickly become obsolete. David Fickling is a Bloomberg ...

Obituaries for OPEC have been prematurely written before, but the emergence of new producers outside of the oil cartel and ...

The Organisation of Petroleum Exporting Countries (OPEC) has appointed Ademola Adeyemi-Bero, as the new Chairman of the OPEC ...

Oil prices rose today, Dec. 11, as investors awaited important data on weekly crude inventories and consumer price inflation ...

It was barely half a year ago when the member countries of the OPEC+ oil cartel announced plans to unwind deep cuts in ...

So we have seen U.S. production climbing. The U.S. is the largest oil producer in the world now by quite a margin. So the U.S ...

The Organisation of the Petroleum Exporting Countries (OPEC) has appointed Ademola Adeyemi-Bero as the chairman of its board ...

The oil cartel had aimed to start opening the taps in January, but delayed in the face of weak demand and plans by other ...

The Nigerian government on Tuesday announced the appointment of Ademola Adeyemi-Bero as the new Chairperson of the ...

The US and other oil-producing nations will account for the bulk of crude supply growth in 2025, Bank of America said.

Eight members of the OPEC+ alliance of oil exporting countries have decided to put off increasing oil production as they face ...