World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

The Organization of the Petroleum Exporting Countries cut its forecast for oil-demand growth for the fourth consecutive month ...

Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed ...

OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.

OPEC cut its oil demand growth forecasts for this year and ... That’s below its quota, meaning the country has made a start ...

OPEC’s recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as ...

Technical analysis suggests that oil prices are eyeing a bounce but could face resistance around $74.00 and $76.35. Click to ...

Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...

Russia is “flagrantly violating” its agreements with the OPEC oil cartel by concealing the true amount of oil it is producing ...

The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...

OPEC's leader, Saudi Arabia, presents a new addition to its economic diversification strategy: a voluntary carbon market.