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

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

Delegates from the OPEC+ producer group told Reuters on Monday that the group is expected to stick to its current output ...

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

West Texas Intermediate (WTI) Oil price pauses its four-day losing streak but remains on track for a third consecutive weekly ...

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

We make a start with the situation of the US oil market. On Friday, the release of the US Baker Hughes total rig count, ...

Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

OPEC+ is expected to adhere to its existing plan for a gradual increase in oil production starting in April when its ...