News

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...
OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...
OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...
Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...
(Bloomberg) -- Oil slumped as OPEC discussed making a second major production increase, inflaming concerns about swelling global supplies that have dragged down crude prices this year. West Texas ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
The group confirmed plans to increase production by 411,000 barrels per day (bpd) next month, the second consecutive month of ...
Key OPEC+ nations are discussing making another production increase of roughly 400,000 barrels a day in June ahead of a video ...
The claims that the current dropping of the oil prices at the pump and the declining of the dollar against the Ghana Cedi is ...
Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...