Oil prices experienced a sharp decline this week due to the announcement of U.S. tariffs on trade partners and OPEC+'s ...

The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...

President Trump’s tariffs have raised fears of a recession just as projections for global oil supply have jumped.

"As a result, unlike the other countries, Kazakhstan is not allowed to increase production any further, but has to reduce it. The oversupply on the oil market is now likely to be larger in the second ...

Crude oil plunged by the most in nearly three years as concerns about weaker demand due to tariffs were exacerbated by the ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

Oil production figures released by the Nigerian Upstream ... down from 1.54mbpd in January. Nigeria’s OPEC quota is 1.5 million barrels per day. The drop in February indicates that Nigeria ...

OPEC members collectively supply about 26.80% of the world’s crude oil production. Together, OPEC members control about 79.09% of the world’s total proven crude reserves. OPEC member countries ...

Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...

Kazakhstan has taken the lead in a substantial increase in oil production among the Organization ... d in 2025 and 1.43mbbl/d in 2026. These figures remain unchanged from the previous month, ...