OPEC has dropped the U.S. Energy Information Administration from its list of secondary sources used to monitor crude oil ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

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

OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday ...

OPEC+ is cutting output by 5.85 million barrels per day, equal to about 5.7% of global supply, agreed in a series of steps ...

The US oil market seems to be easing. The signs since our last report, tend to point to that direction, as on Friday we saw the Baker Hughes oil rig count showed a reduction of active US oil rigs, ...

“Preliminary production numbers show that OPEC production fell by 70k b/d MoM to 27.03m b/d in January according to a ...

Oil reserves in storage facilities around the world are at a record low, and production of raw materials in non-OPEC+ countries will be limited in growth. Therefore, the keys to the market will again ...

Oil prices stabilized in Asian trade on Wednesday, supported by a smaller-than-expected rise in U.S. crude inventories. The ...

Former colleagues praise his photographic memory for oil-production figures, a valuable skill when ... U.S.-educated secretary-general of OPEC. According to the FTC’s account, Barkindo had ...