For the first time OPEC acknowledged the significance of shale oil supply in North America, cutting its previous estimates of medium and long-term glo...

The Organization of Oil Producing Countries—More commonly known by the acronym “OPEC”—is deliberating on whether or not to inc...

Energy Digital reported this last weekend that OPEC was preparing to increase crude oil supply—for which the alliance of oil producing nations a...

This week marked a big “fail” for OPEC as the organization was unable to agree on raising output of crude oil supply to calm high prices i...

Iran currently holds the rotating presidency of the OPEC oil cartel. As the second largest oil producing nation in OPEC, Irans controversial political...