OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, ...

The oil body said there "has been further recognition that the world can only phase in new energy sources at scale when they ...

Ghais’s speech in Brazil got off to a rough start after the power went out to the podium and a protester took to the ...

OPEC said Tuesday that phasing out oil was a "fantasy", as the Saudi-led cartel forecast that demand would keep growing until ...

The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last ...

The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic ...

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

According to OPEC, oil demand will remain robust for decades, with growing demand in non-OECD regions and the continued need ...

Opec secretary general Haitham Al Ghais and his Opec research team unveiled the group's latest annual World Oil Outlook at ...

Kremlin resolves to display public solidarity with Opec and its leader Saudi Arabia that has largely overlooked ...

Output for June 2024 was revised lower by 27 kb/d and July 2024 output was revised lower by 28 kb/d compared to last month’s ...