According to the chief executive of Vitol, Russell Hardy, the current developments in supply and demand could push oil prices ...

The Organization of the Petroleum Exporting Countries and its allies ... The increase in oil production is expected to come from several OPEC members and their allies, adding approximately 2.2 million ...

The Russian foreign minister also noted that the countries have established a practice of mutual support in the World Organization: partners, even being deprived of the right to vote due to Western ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact ...

LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output ...

Non-OPEC+ countries will provide an increase in oil supply by 1.5 mln bpd in 2025, while OPEC+ countries will provide an increase of 30,000 bpd ...

The Organization of the Petroleum Exporting Countries on Wednesday maintained its global oil demand projections for 2025 and 2026, while flagging mounting economic uncertainty amid trade tensions. The ...

OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member countries at twice-yearly meetings. Their ...

Data from the U.S. Energy Information Administration (EIA) indicates that Canada supplies over 4 million barrels of oil per day to the U.S., a volume exceeding that of all OPEC member countries ...

In a note on February 28, brokerage firm UBS said that crude oil prices in the mid-$70s indicates healthy integrated margin. However, higher crude premiums and light-heavy spreads narrowing will ...