The story of the world’s oil supply centers on the US and Canada in North America, the OPEC ...

Add Yahoo as a preferred source to see more of our stories on Google. FILE PHOTO: An installation depicting barrel of oil with the logo of Organization of the Petroleum Exporting Countries (OPEC) is ...

The Iran war exposed a long-simmering feud within the world’s most powerful oil cartel, boiling over this spring when it ...

Arising from the 64th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Sunday, 1 February 2026. The Organization of the Petroleum Exporting Countries ...

The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 10 Non-OPEC ...

OPEC plans to hike production by 200,000 barrels per day despite the Strait of Hormuz remaining closed, making it ...

The United Arab Emirates (UAE) shocked the world on Tuesday when it announced that it’d be leaving the world’s largest oil cartel this week. While there’s no immediate impact for the U.S., in the long ...

A handful of countries in the OPEC+ oil-producing alliance are planning to increase their outputs modestly next month.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The United Arab Emirates informed OPEC that its oil production surged by 80% last month as Abu Dhabi found workarounds for ...