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.

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The oil market is trading with marginal declines this morning as the API numbers released overnight were largely bearish for ...

Japan's growth rates are expected to be 1.0% for both 2025 and 2026. The Eurozone's economic growth has been slightly revised down for 2025 to 0.9%, but is predicted to rise to 1.1% in 2026. China's ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

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 ...

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

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

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

Crude oil futures rose as President Trump threatened tariffs on imports from Canada and Mexico, with uncertainty over how ...