The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Oil gained some ground this week after plummeting to more than three-year lows, although sentiment remained largely on edge ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

Nigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization ...

Oil prices edged higher in Asian trade Wednesday, recovering slightly after hitting three-year lows due to growing concerns ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

BPC acted as a cartel, propping up prices by restricting ... entering the market and competing for volumes, much like what OPEC does for oil. Unlike oil, however, the potash market has a far ...