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

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

The Organization of the Petroleum Exporting Countries (OPEC) saw a decrease in oil output for the second consecutive month in January, according to a recent Reuters survey. A decline in exports from ...

OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...

In 2023, Angola officially announced that it was leaving OPEC amid a disagreement over oil production quotas, ending its 16-year stint in the cartel. Angola, Africa’s second-largest crude ...

Led by Saudi Arabia, OPEC and its allies have been withholding crude output for the past few years in an attempt to defend prices against fragile oil demand and plentiful American supplies.

(Bloomberg) -- OPEC forecast another year of steady oil demand growth ... Saudi Arabia and its OPEC+ partners to revive halted production, ultimately restoring roughly 2 million of barrels ...

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

Yesterday both the IEA and OPEC released their monthly oil market report ... the group expects demand next year to grow by 1.43m b/d YoY. The group also left its supply growth estimates unchanged ...

OPEC forecast ... a widening oil surplus in its own first look at 2026 on Jan. 14. World markets will be oversupplied by 800,000 barrels a day next year, as OPEC+’s production restart coincides ...