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

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand.

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data showing discrepancies.

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing ...

In collaboration with its allies, OPEC is set to increase oil production in response to anticipated robust demand in Q3 and a subsequent tight supply-demand balance.

Oil Age Is Far From Over, OPEC Says The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no ...

Nigeria's crude oil production reached its highest level in six months during July 2025, delivering 1.507 million barrels per day (bpd) - ...

Saudi effectively accounted for all of the increase, as it boosted exports by 631,000 bpd over the March-June period while ...

Saudi Arabia managed to stick to its oil output quota last month because of a tweak to what the Organization of the Petroleum Exporting Countries counted as Riyadh’s production levels.