Vienna: OPEC on Wednesday kept its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption, and reported that Kazahkstan led a jump in ...

Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration ...

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 overall economic expansion over the next two years.

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

MOSCOW. March 12 (Interfax) - OPEC+ countries participating in the agreement boosted oil production by 313,000 barrels per day to 35.5 million bpd in February, according to OPEC's monthly report.

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 ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

The metre installation is to ensure accountability in oil production. A total of 905, 000 barrels per day of big projects are currently witnessing delays across the country, signalling a projected ...

Amid the struggling oil prices, which remained below Nigeria’s budget benchmark of $75 per barrel, the country’s oil production in February dropped further to 1.4 million barrels per day.