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

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

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...

According to a report by Bloomberg, OPEC oil output ... the halted production. Yet not all members of the alliance have fully delivered the curbs they promised. While OPEC’s own data indicate ...

ABUJA – Organisation of the Petroleum Exporting Countries (OPEC) has officially replaced Rystad Energy and the U.S. Energy Information Administration (EIA) with Kpler, OilX, and ESAI as secondary ...

The data showed that without condensate, daily oil production was 1.484 million, indicating that it did not meet up with its oil production quota of 1.5 mbpd allotted to it by OPEC. The December ...

Oil prices muted as strong dollar weighs; OPEC+ meeting awaited By Investing.com - Dec 03, 2024 Investing.com-- Oil prices rose on Tuesday amid pressure from a strong dollar as traders awaited ...

Meanwhile, OPEC’s latest report pointed to a rise in crude production, further weighing on prices. According to the organization’s monthly oil market report released Wednesday, OPEC’s output ...

Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' ...

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

TOKYO : Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected ... year from 2024 due in part to production increases from non-OPEC ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has confirmed that Nigeria's crude oil production reached 1.5 million barrels per day in December 2024, a major milestone in the ...