Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...

OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Nigeria’s Minister of State for Petroleum Resources in charge of Oil, Senator Heineken Lokpobiri, says that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting ...

Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.Lokpobiri said ...

The Organization of the Petroleum Exporting Countries (OPEC) is expecting more growth in global demand for crude oil due to a ...

Throttling back on oil production hasn’t helped OPEC and its allies to push up crude prices lately. At least four times in the past 15 months, members of the alliance known as OPEC+ have slashed ...

The OPEC letter, which was first reported by Reuters, is significant because, under U.N. rules, any agreement forged at the climate summit must be unanimously endorsed.