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

A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.

Nigeria has set a target of boosting daily production to 2.7 million barrels of crude and condensate by 2027.This was disclosed by President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, ...

OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...

Crude oil futures pared previous gains after OPEC+ agreed to maintain its policy of gradually raising oil production starting ...

The Permian Basin, Guyana, Kazakhstan, and large LNG projects are driving future cash flow growth for the oil majors.

Find insight on Harbour Energy, Woodside Energy, Kinder Morgan and more in the latest Market Talks covering Energy and ...

OPEC and other oil producers including Russia, a group known as OPEC+, have pledged to cut production by 1.2 million barrels per day (bpd) until March 2020. OPEC and other non-members are ...

Oil ends lower, with U.S. prices failing to hold above $80 a barrel Israel-Hamas cease-fire deal hits a snag Last Updated: Jan. 16, 2025 at 4:37 p.m. ET First Published: Jan. 16, 2025 at 7:06 a.m. ET ...

Overall, the combined output of OPEC and its allies in December totaled 40.654 million bpd, slightly lower than November’s 40.669 million bpd. Iran’s heavy crude oil price averaged $73 per barrel in ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...