The minister underscored the Kingdom’s consistent energy policies and its commitment to translating them into real-world ...

OPEC projects rising oil demand through 2050 and calls for $18.2 trillion in oil and gas investments to secure future energy ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution?

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with ...

OPEC is doubling down on its view that global oil demand will keep rising through 2050, with no peak demand in sight, ...

Rising trade tensions, global policy uncertainty, and regional conflicts are presenting challenges to economies in the Middle East and North Africa and Caucasus and Central Asia regions. Policymakers ...

Jeddah, June 18, 2025, SPA -- The fourth OPEC Fund Development Forum, held in Vienna, Austria, concluded today with a strong slate of new commitments, loan agreements, and strategic partnerships to ...

Oil prices receded in early trading on Monday after members of the Opec+ producer group on Saturday agreed to a larger than ...

He extended his appreciation to the OPEC Fund for organizing the forum, which highlights the critical role of economic reforms in strengthening national resilience, addressing financial and economic ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...