Iraq saw the largest reduction in oil output among OPEC members, with an average of 1.6 million barrels per day in March.

According to Reuters, the Organization of the Petroleum Exporting Countries (OPEC) produced 21.57 million barrels of oil per ...

OPEC oil output ‌plunged in March to its lowest level since the height of the COVID-19 pandemic in June 2020, a Reuters ...

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 ...

NEW YORK (AP) — A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a move some believe could lower oil and gasoline prices, citing ...

A statement posted on OPEC’s website last week highlighted that the “landmark” Declaration of Cooperation (DoC) between OPEC member countries and 10 non-OPEC ...