Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

OPEC Secretary General highlights the necessity of oil for energy security and economic growth, advocating for a balanced ...

OPEC on Tuesday said oil market stability is key to investment and global economic development and the producers cartel has ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

Supporting investments in renewable energy, energy efficiency, climate adaptation, climate-related equipment production, and ...

According to OPEC's World Oil Outlook 2024, global oil demand is expected to exceed 120.1mln barrels per day by the end 2050, ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

The OPEC Fund for International Development (the OPEC Fund) has signed a €50 million loan agreement with the Industrial Development Bank of Türkiye (TSKB) to support investments in renewable energy, ...