Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...

“Preliminary production numbers show that OPEC production fell by 70k b/d MoM to 27.03m b/d in January according to a ...

OPEC’s JMMC welcomed on Monday the improved conformity of Kazakhstan and Iraq, including the additional voluntary output reductions.

US core PCE index for the month of December is expected to increase to 0.2% against the previous 0.1%. If these figures are ...

In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in the cartel. Angola, Africa’s second-largest crude ...

The Organization of the Petroleum Exporting Countries (OPEC) did not respond to calls from U.S. President ... 3 is unlikely to adjust the current plan to start increasing oil production from April ...