OPEC+ talks to focus on countries' maximum output capacity, to be used as reference for 2027 baselines. Read more.

GasBuddy identifies four stations in the Oklahoma City metro selling regular unleaded for under $2 without discounts Prices ...

OPEC's secretary-general pushed back against reports of a 2026 oil surplus, insisting the market will remain balanced despite ...

The U.S. shale boom has eroded OPEC's grip on oil markets. Bank of America estimates that oil from the rest of the world, ...

OPEC+, which controls roughly half of the world's oil production, has decided to pause oil output hikes through Q1 2026. The ...

Oil prices fell sharply on Wednesday after OPEC said it now expects the global market to be balanced in 2026, abandoning its earlier deficit forecast as non-OPEC production rises and inventories recov ...

The Organisation of Petroleum Exporting Countries (OPEC) has denied forecasting a global crude supply surplus in 2026.

Oil prices hover near $61 as traders await OPEC and IEA reports. A breakout above $65 could reignite bullish momentum in crude markets.

Russia's seaborne exports are declining in November as US sanctions against the country’s two largest oil producers Rosneft ...

OPEC+ has raised its output targets by around 2.9 million barrels per day - or around 2.7% of global supply - since April ...

Russia’s Alexander Novak warns that rapidly rising global oil demand could soon outpace supply due to years of ...