With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
Iraq’s oil ministry has announced the resumption of oil exports from northern Iraq’s semi-autonomous northern Kurdish region ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...
Crude oil closed at the lowest settlement price this year, fueled by near-term supply concerns and expectations that OPEC+ will postpone returning barrels to the market in April as planned.
Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...
The Organisation of the Petroleum Exporting Countries has sent a new challenge for Nigeria government to achieve crude oil ...
Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market ...