The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12 ...

We are also committed to the future of the industry.” Wise words from an Opec representative, these could have been spoken ...

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

The U.S. Energy Information Administration has revealed its latest Brent spot price forecast for 2025 and 2026 in its March ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Iraq a fellow OPEC member like Nigeria plans to raise oil production capacity to more than 6 million barrels per day (bpd) by ...

Brent crude oil prices are projected to average $73/bbl in 2025, down $7/bbl from 2024, according to Wood Mackenzie’s latest monthly oil market outlook.

Nigeria has successfully reached its OPEC oil production targets after years of falling short, according to a top official ...

Are OPEC production quotas the main reason for Aramco’s reduced dividends? Attributing Aramco’s reduced dividends solely to OPEC’s production restrictions oversimplifies a complex economic ...