(VOVWORLD) -The Organization of the Petroleum Exporting Countries (OPEC) on Thursday forecast the global oil demand to increase by 2.25 million barrels per day next year, an annual growth...
(VOVWORLD) -The Organization of Petroleum Exporting Countries (OPEC) kept global oil demand growth unchanged for 2023
(VOVWORLD) - The Biden administration has called on all petroleum suppliers around the globe, including OPEC, to increase production to restrain the price escalation
(VOVWORLD) - The International Energy Agency (IEA) has warned that energy prices and volatility in the sector could rise further due to supply issues among the group of major producing nations
(VOVWORLD) - Benchmark oil prices climbed to their highest level since 2014 on Tuesday as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook
(VOVWORLD) - OPEC’s secretary general-elect said on Monday that a top priority for him is to keep the group’s pact with Russia and other producers in place, since...
(VOVWORLD) - The ministers of the Organization of the Petroleum Exporting Countries (OPEC) held a meeting on Monday to discuss the appointment of a new secretary general
(VOVWORLD) - OPEC and its allies agreed on Thursday to stick to their existing policy of monthly oil output increases despite fears that a US release from crude reserves and the...
(VOVWORLD) - The Organization of the Petroleum Exporting Countries (OPEC) on Thursday left its forecast for global oil-demand growth in 2022 unchanged from its October estimate at 4.2 million...
(VOVWORLD) - The Organization of the Petroleum Exporting Countries (OPEC) and its allies met on Monday to debate how much oil to release into the red hot market, where supply disruptions...
(VOVWORLD) - OPEC said Tuesday it expects oil demand to rise between now and 2045, and remain the dominant source of energy despite warnings that it must be reduced to combat...
(VOVWORLD) - The United Arab Emirates (UAE) and the Organization of the Petroleum Exporting Countries (OPEC) have reached an agreement, whereby the basic production of the UAE will be increased to 3...
(VOVWORLD) - Oil prices slipped from multi-month highs on Monday after the Organization of the Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, could not decide on whether or not...
(VOVWORLD) - The Organization of the Petroleum Exporting Countries (OPEC) on Thursday once again cut its forecast for 2020 global oil demand because of the "historic shock" delivered by the novel coronavirus...
(VOVWORLD) - US President Donald Trump said on Friday he will help Mexico contribute to global oil output reductions, in a surprise move that could break an impasse among the...
(VOVWORLD) - Ensuring affordable energy supply is key to facilitating a global economic recovery amid the Covid-19 outbreak, Saudi Arabian Energy Minister Abdel Abdulaziz bin Salman told a conference...
(VOVWORLD) - Major oil producers including Saudi Arabia and Russia are likely to agree to cut production at a Thursday meeting but only if the United States joins the effort, according to sources...
(VOVWORLD) - An extra 1.5 million oil barrel per day will be cut in the second quarter of this year to revive falling oil prices due to the global Coronavirus outbreak...
(VOVWORLD) - OPEC announced Wednesday in its monthly oil market report that the global oil demand growth outlook for 2020 has been cut to 0.99 million barrels per day, down...
(VOVWORLD) - OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 because of an economic slowdown. OPEC said efforts will be necessary to prevent a new...