Thursday's IEA report comes as Brent crude trades at $71 a barrel, while the U.S. oil gauge, West Texas Intermediate, is around $67 a barrel. Futures are pressured by growing concerns over the chaotic ...

THE Organisation of Petroleum Exporting Countries (OPEC) has reported that Nigeria’s average daily crude oil production declined to 1,465 million barrels per day (bpd) in February, failing below quota ...

Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...

Crude oil prices are rallying amid a broader uptick in market sentiment, and OPEC+ is holding steady on its demand forecast, ...

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The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

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According to OPEC data, oil production in Russia in December 2024 was 9.004 million bpd, in January - 8.977 million bpd ...

Moreover, OPEC also maintained its outlook on growth of oil supply from non-OPEC+ countries at 1 mbd for 2025 and 2026. In ...

OPEC also kept its estimates for global economic growth unchanged at 3.1% for this year and 3.2% for the next, saying trade disruptions could generate headwinds but that the economy will be supported ...