The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that the demand for OPEC+ oil in 2025 would ...

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 ...

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 ...

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...