OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

The Organisation of the Petroleum Exporting Countries’ crude production dipped ... aimed at buoying global oil markets. According to a report by Bloomberg, OPEC oil output fell by 120,000 ...

OPEC forecast ... a widening oil surplus in its own first look at 2026 on Jan. 14. World markets will be oversupplied by 800,000 barrels a day next year, as OPEC+’s production restart coincides ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the U.S., Canada and Guyana continues to grow, the U.S. government said in its first set of ...

indicating that it did not meet up with its oil production quota of 1.5 mbpd allotted to it by OPEC. The December 2024 average daily oil output also means that Nigeria failed to meet the 1.7 mbpd ...

Meanwhile, OPEC’s latest report pointed to a rise in crude production, further weighing on prices. According to the organization’s monthly oil market report released Wednesday, OPEC’s output ...

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