Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

OPEC+ Nations including Saudi Arabia & Russia pledge to Increase Oil Production | Vantage with Palki Sharma | N18G OPEC+ nations have artificially kept oil prices high since 2023 by reducing their ...

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

OPEC+ members committed to unwinding oil production curbs starting ... Low demand in China and an ongoing production boom among non-OPEC members have made it difficult for the cartel to achieve ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, ...

The latest monthly oil market report by OPEC showed that Nigeria’s crude production declined from 1.54 million barrels per ...

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