World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria. Iranian oil production has been impacted by US sanctions. The JMMC reaffirmed the current OPEC+ ...

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 has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day. Now it expects ...

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

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, have reaffirmed commitments to monitor ...