OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

The oil producers’ group maintained plans to keep output levels unchanged at its latest meeting, as market fears over a ...

LONDON — A group of some of the world's most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices. OPEC and its oil-producing allies, ...

OPEC output dipped in November despite planned increases, as outages in Nigeria and Iraq limited production gains.

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

OPEC+’s decision last week to increase its collective oil production has surprised many, given the soft outlook for oil prices for the remainder of this year and into next. It is true that the 137,000 ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC oil-producing countries. The World’s May oil production decreased by 6 kb/d to 83 ...

The meeting took place amid renewed US efforts to negotiate a peace agreement between Russia and Ukraine. A successful deal ...

A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to a small boost in oil production, citing a steady global economic outlook. The group said after a ...

OPEC's oil output edged lower in November, despite an OPEC+ agreement to raise production for the month, due to outages in ...