News

OPEC’s crude oil production rose by 217,000 BPD to 27.453 million BPD in October but still fell short of the cartel’s share of the 400,000-BPD total output hike of the OPEC+ group, according ...
OPEC cut its 2025 global oil demand growth forecast on Monday for the first time since December, citing the impact of data ...
The figures compiled by OPEC, however, show Iraq and the ... is expected to meet virtually this week to approve production hikes for May. Oil prices are still trending down as of Tuesday afternoon ...
Crude oil prices stabilized today, following Monday's decline, supported by short-covering and lower OPEC+ production, ...
The focus of this post is an overview of world oil production, along with a more detailed review of the top 11 Non-OPEC oil producing countries. Click to read.
combined with speculation around accelerated OPEC+ production hikes, has capped crude price gains in the near term. Sources told Reuters that several OPEC+ members are pushing to accelerate oil ...
As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that outpaced expectations.
OPEC said world oil demand will rise by 1.30 million barrels per day in 2025, down 150,000 bpd from last month’s forecast ...
April 3 (UPI) --Eight OPEC oil-producing nations Thursday agreed to boost crude oil production beginning in May. OPEC said in a statement that Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan ...
Investors and policy-makers await US inflation numbers this ... Peter Navarro, oil keeps rolling along. The strength in the oil market is based on massive global production ...
Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...