With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market ...
US President Trump has vowed to ask OPEC to ramp up production. Lower oil prices will not only impact OPEC, it will also affect US oil producers. OPEC has a very different agenda than Trump ...
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
Oil prices rose on Tuesday, following a drone attack on a Russian oil pipeline pumping station, which disrupted flows from ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...