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

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

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 ...

To some, this is a sign of OPEC’s growing irrelevance. In reality, that’s wishful thinking. OPEC+ has been withholding over 5 million barrels daily in crude oil production for three years now.

YPF's 2024 results show strong growth in shale oil production and reserves, driven by developments in the Vaca Muerta region.

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 ...

(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 will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.

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 ...

(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 ...

WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.