#Organization of Petroleum Exporting Countries

Oil held near $55 a barrel as traders who were once certain OPEC and Russia would extend their output cuts beyond March aren’t so sure

Mohammad Barkindo, OPEC Secretary-General said Monday that the oil market is re-balancing at a quickening pace and production cuts are

The organization of Petroleum Exporting Countries (OPEC) has forecasts in a new report that global demand for its crude will rise in

Bijan Namdar Zanganeh, Iran’s Oil Minister said OPEC’s commitment to cutting production to clear a global glut is working, but the

OPEC and its allies indicated that they’ll wait a bit longer to see if further action is required in their bid to clear a global oil

Minister Issam Almarzooq, Kuwait’s oil minister said OPEC and allied oil producers will keep reviewing options for their agreement to

Jose Maria Botelho de Vasconcelos, Angola’s Petroleum Minister said it is essential for the southern African nation’s economy that oil

Libya’s getting better at resolving stoppages in its oil industry, underpinning a growing perception that the OPEC member is closer to

Oil output from major U.S. shale plays is poised to reach a fresh record next month, further complicating OPEC’s efforts to support