Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...

OPEC cut oil production in January 2025 by 121,000 barrels per day compared to December, producing 26.678 million bpd, according to the organization's monthly report.

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

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 ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

Japan's growth rates are expected to be 1.0% for both 2025 and 2026. The Eurozone's economic growth has been slightly revised ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

EU Mid-Market Update: Another session with volatility weighted to second half of day as market waits for first US CPI reading ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

The oil market traded under pressure after rising for three consecutive sessions as the latest inventory numbers from the ...

In January, Iraq exceeded the OPEC+ oil production limit ... but, as indicated in the OPEC materials, its actual production ...