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The 13 core members of OPEC, led by Saudi Arabia, and the 10 further states in OPEC+ — chief among them Russia -- are...
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The 13 core members of OPEC, led by Saudi Arabia, and the 10 further states in OPEC+ — chief among them Russia -- are...
OPEC Secretary General, Nigeria’s Mohammad Barkindo, has died unexpectedly at the age of 63, it was announced on Wednesday, leaving the oil cartel without...
Russia's invasion of Ukraine has exacerbated concerns about oil supplies, sending prices to record highs this year.
Major oil producers led by Saudi Arabia and Russia began talks Thursday on whether to adjust output, hard on the heels of an EU...
Major oil producers led by Saudi Arabia and Russia hold talks Thursday on whether to adjust output, hard on the heels of an EU...
Saudia Arabia, Russia and their allies are likely to stick to their policy of modest oil output increases when they meet Thursday after the...
OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production.
The meeting on Thursday also comes as the European Union is eyeing a ban on Russian oil imports.
The OPEC+ cartel of top oil producers at their monthly meeting on Wednesday are likely to be powerless to rein in prices.
Top oil producing countries led by Saudi Arabia and Russia are expected to stick to their guns and announce another modest output increase.