President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...

As crude prices steadily climb to US$ 100 a barrel, Middle Eastern OPEC producers have no plans to increase production beyond their OPEC+ quotas, a gathering of ministers this weekend has made clear.

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...

or OPEC. The intergovernmental organization — which has since expanded to 13 members across the Middle East, Africa and South America — aims to coordinate its members' policies to influence ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...

But on Saturday, eight countries that belong to the oil cartel known as OPEC Plus said they would ... who is expected to visit Saudi Arabia and other Middle East countries soon, than they were ...

Crude futures rise amid growing tensions in the Middle East after an Israeli strike in Rafah killed dozens of civilians and a cross-border clash between Israeli and Egyptian forces left an ...

TASS/. Middle East countries' share in global oil and condensate exports may grow to 58% by 2050 compared to 49% in 2023, according to the long-term OPEC World Oil Outlook. At the same time ...