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

OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...

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

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 ...

The Organization of the Petroleum Exporting Countries (OPEC) saw a decrease in oil output for the second consecutive month in January, according to a recent Reuters survey. A decline in exports from ...

Led by Saudi Arabia, OPEC and its allies have been withholding crude output for the past few years in an attempt to defend prices against fragile oil demand and plentiful American supplies.

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

Nigeria’s daily average oil production ... OPEC. The December 2024 average daily oil output also means that Nigeria failed to meet the 1.7 mbpd benchmark set for the 2024 budget all through the ...

Global oil markets ... 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 forecasts for next year.

Nigeria’s crude oil production ... challenges maintaining production, capping at 1.3 million bpd in 2023, closed the year with a significant improvement, exceeding OPEC’s quota.

(Bloomberg) -- OPEC forecast another year of steady oil demand growth ... Saudi Arabia and its OPEC+ partners to revive halted production, ultimately restoring roughly 2 million of barrels ...