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The Secretary General of the Organisation of Petroleum Exporting Countries, Haitham Al Ghais, has blamed tax imposition by ...

The oil-producers group meets in December. Analysts want to know if it will cut or raise production. But more vexing ...

The OPEC+ cartel has responded to weakening demand for oil by delaying restoring production that it had cut previously to ...

OPEC argues that taxes on gasoline are a bigger contributor to high gas prices than the price of crude oil itself.

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market ...

OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also ...

However, OPEC Secretary General Haitham Al Ghais has illuminated a more complex issue, revealing that government taxation is ...

OPEC+ has staved off an oil surplus this year by deciding to restrain production a little longer. But the temporary fix won’t ...

Few institutions hold as much influence over the ever-evolving and volatile landscape of global energy as the Organization of ...

OPEC slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support ...

Nigeria’s fuel price hike has sparked widespread concerns, with many pointing fingers at oil producers, particularly local ...