The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.
OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald ...
Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...
The oil market traded under pressure after rising for three consecutive sessions as the latest inventory numbers from the ...
Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...
OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...
The meeting reviewed the crude oil production data for November and December, 2025 and highlighted the overall conformity for OPEC and non ... ₦11 million naira Monthly as a Nigerian is no ...
WTI crude oil Monday closed up +1.32 (+1.86%), and March RBOB gasoline closed down -0.0008 (-0.04%). Crude oil and gasoline prices settled mixed Monday. Crude oil prices ral ...
The Saudi government communications office and OPEC did not respond to emailed ... group will discuss Trump's efforts to raise U.S. oil production and take a joint stance on the matter.