Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December.
The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output ...
OPEC+ has agreed to delay a planned December oil output increase by one month, the group said on Sunday, as weak demand ...
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...
The backdrop of the group’s production boost is a murky market landscape: Brent crude oil prices have dropped nearly 19% since early April, falling to below $74 per barrel, driven by demand fears in ...
OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a ...
Nigeria’s daily crude oil production increased from 1.39 million barrels per day (bpd) to 1.43 million bpd in October 2024.
Eight members of the OPEC+ group of oil-producing nations said on Sunday they were extending supply cuts until the end of December. The countries "have agreed to extend the November 2023 voluntary ...