In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...

The omission begins to make sense when you consider Trump’s pitch to “Make America Great Again.” In his inaugural address on ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

Who would have thought that oil would become the most powerful impetus for the development of wind energy in the 20th century ...

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 ...

“I'm also going to ask Saudi Arabia and OPEC to bring down the cost of oil." The remarks were the first of Trump's four-day-old presidency to global business and political leaders at a time when ...

However, that is now pushed back until September 2026. OPEC Dec crude production fell -120,000 bpd to 27.05 million bpd. Crude oil demand in China has weakened and is a bearish factor for oil prices.

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

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 ...

The International Energy Agency (IEA) has downgraded its oil demand growth forecast for 2025, reducing it from 1.1 million b/d to 1.05 million b/d. This is notably lower than OPEC's more optimistic ...

Geopolitical tensions and a 2M-barrel U.S. crude inventory drop drive oil prices higher, signaling tighter global supply. Natural gas faces bearish momentum, trading at $3.70 as it slips below $3. ...

Oil prices climbed above $81 per barrel yesterday, following the release of the latest Monthly Oil Market Report (MOMR) by the Organisation of Petroleum Exporting Countries (OPEC) and projections ...