iOS app Android app

Organization of the Petroleum Exporting Countries

OPEC: Worldwide Oil Demand Will Continue To Grow

AP | Posted 10.09.2011 | Business

VIENNA -- World demand for oil will grow this year and next despite signs that the tepid international economic recovery is running out steam, OPEC sa...

Oil Demand Outweighing Supply, OPEC Says

Posted 08.10.2011 | Business

(AP) VIENNA — An OPEC report suggests that world demand for its oil is outstripping the present supply. The monthly demand forecast from the Orga...

OPEC: Talks Broke Down Because Of Economics, Not Politics

Posted 08.09.2011 | Business

VIENNA (Alex Lawler and Barbara Lewis) - Economics, rather than politics was behind the collapse of this week's OPEC talks and the group as a whol...

Attempting To Calm Oil Prices, OPEC Considers Raising Supply

Posted 08.02.2011 | Business

SINGAPORE (Simon Webb) - OPEC is considering raising crude supply next week for the first time since 2007 in a move that could weaken $100 oil pri...

To Cut Fuel Costs Producers Need To Pump More, Oil Agency Says

Posted 07.19.2011 | Business

PARIS (Muriel Boselli) - The West's energy watchdog urged oil producers to boost supply to cut fuel costs, to protect economic recovery, and appea...