OPEC

Oil price rises as OPEC boosts output more than expected

Oil prices rose Thursday even as major crude producers agreed to boost output by more than the usual amount following…

OPEC+ eye modest supply boost as demand dented by China Covid rules

  by Anne BEADE, with Emeline Burckel in London Agence France Presse VIENNA, Austria (AFP) -- OPEC+ members meeting on…

UAE reaffirms OPEC+ commitment, says West must be ‘reasonable’

DUBAI, United Arab Emirates (AFP) -- The United Arab Emirates on Monday urged Western countries to be "reasonable" in their…

Germany calls on OPEC to increase oil output

FRANKFURT, Germany (AFP) - German Economy Minister Robert Habeck on Tuesday issued an "urgent appeal" to OPEC oil producers to…

Top oil producers to meet amid record crude prices

by Emeline BURCKEL Agence France-Presse LONDON, United Kingdom (AFP) - The world's top oil-producing countries will meet on Wednesday to…

OPEC expected to maintain course to modestly open taps

by Joseph SOTINEL LONDON, United Kingdom (AFP) -- Major oil-producing countries are expected to maintain on Tuesday their course of…

Top oil producers may freeze output amid Omicron concerns

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- Major oil producers are due to meet Thursday to decide on output…

OPEC cuts world oil demand forecast for 2021

PARIS, France (AFP) -- OPEC lowered its world oil demand forecast for 2021 on Thursday, citing weaker demand in major…

OPEC sees oil demand growing over next two decades

VIENNA, Austria (AFP) - OPEC said Tuesday it expects oil demand to rise between now and 2045, and remain the…

US consumer inflation slows in July, but gas prices still rising

by Heather SCOTT WASHINGTON, United States (AFP) -- US consumer prices jumped again in July, as spiking gasoline prices continue…

OPEC+ summit could lead to modest rise in oil output

by Benoît PELEGRIN LONDON, United Kingdom (AFP) -- The OPEC+ group of oil-producing countries are to meet Thursday and are…

Has global oil demand hit peak? BP says it’s possible

by Jean-Baptiste OUBRIER Agence France-Presse LONDON, United Kingdom (AFP) — Global oil demand might have already peaked and will likely…

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