OPEC published its long-term outlook for the oil market up to 2050 this week, Commerzbank’s commodity analyst Carsten Fritsch notes.

A statement posted on OPEC’s website on June 2 revealed that the 38th OPEC and non-OPEC Ministerial Meeting will be held on ...

Elsewhere, Hurricane Helene barreled into the western coast of Florida, packing dangerous winds and threatening to unleash ...

"Everything will depend on the market growth and our joint actions with OPEC countries," the Russian deputy prime minister noted ...

Oil prices recouped losses on Friday to edge higher, but stayed on track for a weekly fall as investors weighed expectations ...

Separately, the Organization of Petroleum Exporting Countries (OPEC), and its allies, a group known as OPEC+, are currently ...

The Organisation of the Petroleum Exporting Countries (OPEC) has raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the ...

The chasm between the two forecasting bodies has widened so much in the past two years that they now hold contrasting views ...

In Rio de Janeiro, the ROG.e energy event highlights technological innovation and how to cultivate it within companies, which ...

Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will ...

Crude dropped more than 2% on reports that Saudi Arabia is ready to let more barrels flow into the market even if prices fall ...

For investors, OPEC's long-term view suggests that oil-focused stocks will remain attractive, particularly in the context of rising demand from emerging markets and steady upstream investments. OPEC’s ...