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

OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

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

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

West Texas Intermediate (WTI) Oil price pauses its four-day losing streak but remains on track for a third consecutive weekly ...

An online meeting of the OPEC+ group called the Joint Ministerial Monitoring Committee also changed the list of consultants ...

West Texas Intermediate (WTI) Oil price holds modest gains after three consecutive days of losses, trading around $71.10 per ...

ABUJA – Organisation of the Petroleum Exporting Countries (OPEC) has officially replaced Rystad Energy and the U.S. Energy Information Administration (EIA) with Kpler, OilX, and ESAI as secondary ...

Crude oil prices slumped to their lowest level this year amid concerns of weakening demands after China announced a retaliatory tariff on US crude oil imports, while the US stockpiles rose for the ...

OPEC+ didn’t make any changes to its existing oil production plans at a review meeting Feb. 3, even as President Donald Trump ...

LONDON (Reuters) -- OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the ...