The Organization of the Petroleum Exporting Countries (OPEC) has revised its 2025 forecast for U.S. oil and condensate ...

U.S. crude oil inventories increased for a third consecutive week while gasoline stocks declined for the first time in three ...

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 ...

The Organization of Petroleum Exporting Countries (OPEC) has kept its global economic growth forecasts steady, with expectations of 3.1% growth in 2025 and 3.2% in 2026, according to its monthly oil ...

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 ...

Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.

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.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

U.S. oil production is expected to reach new heights in 2025, surpassing earlier projections, according to the U.S. Energy ...

The EIA expects Brent crude prices to average about $74 in 2025 before dropping to $66 in 2026, as production gradually increases and global demand remains weak. OPEC+ production cuts will lower ...