OPEC Secretary General Al Ghais’ participation at LEES 2027 comes as Libya accelerates production, investment and energy ...

OPEC Secretary General Haitham Al Ghais is set to participate in the Libya Energy & Economic Summit (LEES) in Tripoli on January 23–25, 2027, as the North African country seeks to increase oil ...

OPEC announced a production increase of a whole 188,000 BOED. Let us just skip the stories about cheating and other issues that could make this fairly inaccurate. They do come into significance when ...

The United Arab Emirates said Tuesday it will leave OPEC effective 1 May, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices.

The World’s June oil production rose by 4,386 kb/d to 78,371 kb/d due to the partial reopening of the Hormuz Straits and ...

The Organization of the Petroleum Exporting Countries (OPEC) has updated its forecast for average daily production of oil and ...

The decision on Sunday by the cartel of oil-producing nations and some of its allies came after the resumption of U.S. and Iranian military strikes in the Persian Gulf. By Lisa Friedman Reporting from ...

The group, which includes OPEC members and allies such as Russia, produced an average 39.07 million barrels per day in ...

There's not much that unites Democrats and Republicans in Washington, D.C. But a foreign attack on American energy prices might do it. The recent Saudi-led decision by the OPEC+ oil cartel to cut ...

India, April 28 -- UAE Announces Exit from OPEC and OPEC+: The United Arab Emirates has taken a major step that could reshape global oil markets by announcing its withdrawal from OPEC and OPEC+. The ...

The key OPEC+ producers are set to leave their current crude oil output quotas unchanged for November at a meeting this weekend, anonymous sources familiar with the plans told Reuters on Wednesday.