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 ...

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

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

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

U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...

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

Rising supply and potentially weaker-than-expected demand are set to keep oil prices in check this year, with the price ...

(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 ...

Nigeria’s average daily crude oil production has fallen again below the quota allocated by the Organisation of the Petroleum Exporting Countries. Oil production figures released by the Nigerian ...

This means the country failed to meet the 1.5 million barrels per day OPEC production target set for its members. A review of Nigeria’s latest crude oil production data by SaharaReporters has ...

We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at Wood Mackenzie.

(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 ...