U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually lead to a new oil price war ...

LONDON, Feb 5 (Reuters) - OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates ...

Iranian president calls for solidarity from OPEC Iran says unilateral sanctions on oil would destabilise market OPEC secretary general visits Iran, OPEC says on X DUBAI, Feb 5 (Reuters ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had ...

The total is equal to about 5.1% of world oil demand, expected by the IEA to average almost 104 million bpd in 2025. Spare capacity is held by the largest producers in OPEC as well as some of their ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates where field maintenance had curbed ...

Meanwhile, at its 58th meeting of the Joint Ministerial Monitoring Committee which was held via a video conference on Monday, OPEC reviewed the crude oil production data for the months of November ...

The Organization of the Petroleum Exporting Countries stuck to its oil demand forecast for this year after a series of cuts and projected broadly stable growth into 2026. The Vienna-based cartel ...

WTI price declines to $74.10 in Friday’s early Asian session. Trump said he will ask OPEC to lower oil prices. US crude oil inventories dropped by 1.017 million barrels last week, according to ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...