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 ...

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's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

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

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 ...

BAKU, Azerbaijan, February 11. OPEC estimates a huge oil market deficit of 23 mb/d by 2030 if investment in the global ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.

These factors combined are creating a volatile environment for oil and natural gas markets, with traders closely monitoring global developments for further direction. Natural Gas (NG) is trading ...

Rigzone has contacted OPEC, the American Petroleum Institute (API), the International Association of Oil & Gas Producers (IOGP), the Trump transition team, the White House, and the U.S. Department ...

The new tariffs imposed by U.S. President Donald Trump on imports from Canada, Mexico, and China are likely to have a limited ...

Oman seeks investors to explore three oil and gas concession areas as part of its energy asset monetization. The Ministry of ...