The Organisation of the Petroleum Exporting Countries has delayed completing its internal report on long-term strategy as tensions deepen among members over an extended oil-price slump, according to ...

OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets output quotas that are more ...

SENIOR CORRESPONDENT, Adeola Yusuf presents, with the aid of the website of the Organisation of Petroleum Exporting Countries (OPEC), the beneath-the-surface image of the group, which controls over 60 ...

KUWAIT CITY (AFP) ― Gulf oil producers led by Saudi Arabia will likely reject output cuts at an OPEC meeting next week unless they are guaranteed their market share in a highly competitive market, ...

Value of OPEC members' petroleum exports fell below USD1 trillion in 2014 for the first time since 2010, according to its annual statistical report. LONDON, June 25 (Reuters) - The value of OPEC ...

(MENAFN- Kuwait News Agency (KUNA)) VIENNA, Nov 30 (KUNA) -- Members and representatives of 40th OPEC and non-OPEC participants in the ministerial meeting affirmed Sunday on their keenness to maintain ...