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’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 ...

OPEC scaled down forecasts for growth in global oil demand for 2024 and 2025 on Tuesday for the fourth consecutive month.

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

OPEC has reported that Nigeria’s crude oil production increased by 35,000 barrels per day in October, reaching 1.085 million ...

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

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 ...