The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil producing countries', OPEC highlighted.

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential trade tariffs were not expected to impact economic growth.

Sean Fieler, Equinox Partners CIO, joins 'The Exchange' to discuss Trump's energy ambitions, how much further the price of Gold can go, and much more.

While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) reported mixed fourth quarter earnings results: beating adjusted earnings estimates with $0.

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally claim to increase production focusing on tech improvements without increasing with more rigs. Exploration and drilling is long term- lasting beyond Trump's 4 year term.

With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further declines.

Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market stability, Secretary General Haitham Al-Ghais said at the India Energy Week conference on Tuesday.

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

The Organisation of the Petroleum Exporting Countries has sent a new challenge for Nigeria government to achieve crude oil production of 4 million barrels per day.

This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here. How much of the global refined nickel supply comes from Indonesia? How does that compare to Indonesia’s supply in 2015? What is the projected market share for 2028?

Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest propane exporter.

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 ...