Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

OPEC held its biennial seminar over July 9-10 in Vienna. Ministers representing OPEC countries, their allies and key ...

OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its ...

The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising ...

OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...

Good afternoon and happy Thursday, readers! We are continuing to follow the aftermath of the destructive flash flood that hit parts of central Texas last week. The death toll continues to increase as ...

The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...

The OPEC oil cartel said Thursday that demand for crude will continue to expand through at least 2050, calling efforts to ...

OPEC’s latest forecast dismisses the idea of imminent peak oil demand, projecting rising consumption through 2050 despite ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by ...

World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...