VIENNA – Opec has cut its global oil demand forecasts for the next four years as Chinese growth slows , even as it lifted its ...

Saudi Arabia, the United Arab Emirates, and Kuwait—lined up on Wednesday to say that the super-sized addition of supply by the producer club at the weekend was needed by the global market. Oil prices ...

The Organization of the Petroleum Exporting Countries (Opec) has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended by the group’s ...

OPEC has granted the UAE a bigger production quota this year after the country argued it was restricting its output too much ...

In its World Oil Outlook 2050 report published Thursday, the Organization of the Petroleum Exporting Countriues left its forecasts for 2025 global oil demand growth unchanged at 105 million barrels ...

VIENNA -- The State of Kuwait has reiterated its obligation to guarantee energy security in the world. This was announced in ...

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