Despite US president Donald Trump's efforts to ease regulations of the oil and gas industry, the challenge of balancing ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

The Organisation of Petroleum Exporting Countries (Opec) was founded in Baghdad, Iraq, on September 14, 1960. Its founding member countries are ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a US$50 million facility for ...

Arising from its 58th Meeting of the Joint Ministerial Monitoring Committee No 1/2025 via videoconference yesterday, the Organization of Petroleum Exporting Countries (OPEC) promised to monitor ...