News

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
Crude oil fell after four straight sessions of gains, as government data showed U.S. crude oil stockpiles rose unexpectedly ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
OPEC trimmed its 2025 oil supply growth forecast from non-OPEC+ countries to 800,000 bpd, down from 900,000 bpd, citing falling oil prices and weaker investment. It now expects ...
The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...
Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...
Nigeria’s crude oil output, including condensate, dropped month-on-month, MoM, to 1.486 million barrels per day, bpd, in ...