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 ...

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, ...

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

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 US President also reiterated his call for OPEC to lower oil prices, claiming that lower oil prices would hurt Russia’s revenue streams and stop the Russia-Ukraine war. The OPEC has plans in place ...

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 ...

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 ...

Donald Trump has a long history of criticising ... and Russia to cut production that lifted oil prices. At the time, Trump recognized that for many years he had “hated OPEC,” but that he ...

OPEC Retains Production Levels OPEC ... A side effect of bad times is lower demand for oil products, including gasoline. Some examples from recent history: The COVID-19 pandemic, the 2008-2009 ...

Last year was a relatively calm period for the oil market. Oil market forecasters see the potential for geopolitical risks ...