Speaking during the opening ceremony of the eighth edition of the Nigerian International Energy Summit on Tuesday in Abuja, Al-Ghais stated that the event perfectly reflects OPEC's mission to link ...

OIL prices settled higher on Monday as fresh US sanctions on Iran and a commitment to compensate for overproduction by Iraq added to concerns of near-term supply tightness, helping the market recover ...

The National Council for Energy Policy’s approval came in response to an official invitation in 2023. The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil ...

Copyright 2025 The Associated Press. All Rights Reserved. Capuava oil refinery owned by Petrobras sits in Maui, on the outskirts of Sao Paulo, Brazil, Nov. 6, 2023 ...

The group includes the 12 members of OPEC, the longstanding group set up to co-ordinate oil production to stabilize markets, plus 10 more significant oil-producing nations, with Russia by far the ...

The group includes the 12 members of OPEC, the longstanding group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...

The group includes the 12 members of OPEC, the long-standing group set up to coordinate oil production to stabilize markets, plus 10 more significant oil-producing nations with Russia by far the ...

The Brazilian energy ministry announced on Tuesday that the country has decided to adhere the OPEC+ declaration of cooperation. This formalizes a decision it first made in 2023. Brazil is the biggest ...

OPEC+ is considering pushing back a series of monthly supply increases due to begin in April despite calls from US President Donald Trump to lower prices, delegates said. Global oil markets remain ...

The 5 Points Neighborhood Association is collecting empty glass jars to turn into inspirational art pieces. The jars will be distributed to seniors, veterans and people with disabilities.

Yet at $74 a barrel, prices remain too low for many OPEC members to cover government spending, and last week the group’s Secretary-General said its decisions will prioritize “the longer-term ...