Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the move was pre-planned.

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...

(Bloomberg) -- OPEC ... set last year. Iraq’s production rose by 100,000 barrels a day to 4.16 million per day, as it restored production halted during a fire at the Rumaila oil field in ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost revenues.

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production ... comes as President Trump has called on OPEC countries to “cut the price of oil.” ...

Trends in global oil inventories are more positive for OPEC, but only slightly. Stocks should start rising this year if production indeed outpaces demand, and more OPEC+ supplies would only ...

(Bloomberg) — OPEC’s crude production ... per day above quotas set last year. Iraq’s production rose by 100,000 barrels a day to 4.16 million per day, as it restored production halted during a fire at ...