Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.

As the Ukrainian News agency earlier reported, on January 23, U.S. President Donald Trump said that he intends to ask OPEC countries to lower oil prices, since a decrease in the cost of "black gold" ...

“So, OPEC ought to get on the ball and drop the price of oil. And that war will stop right away.” But the push on OPEC+ is an uphill battle, according to industry experts. The alliance last ...

(Bloomberg) -- Oil fell after President Donald Trump said he’ll push Saudi Arabia and OPEC to reduce the price of crude, reviving a tactic to control energy prices that he frequently employed ...

NEW YORK (Reuters) -Oil fell 1% on Thursday after U.S. President Donald Trump urged Saudi Arabia and OPEC to bring down its cost during his address at the World Economic Forum. Uncertainty over ...

In response to the looming crisis, the Indian government has been exploring alternative sources of crude oil, particularly from the Middle East. While this strategy may mitigate some of the immediate ...

Nigeria “should be able to negotiate an increased quota with OPEC if they can demonstrate they can sustain production.” Nigeria has grappled with the problem of oil theft and vandalism for decades, so ...