OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a ...

World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...

OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a ...

September 27, 2016. Oil prices rose modestly ahead of a meeting of producers from the Organization of the Petroleum Exporting Countries (OPEC) cartel and Russia in Algeria on September 28 that ...

Crude oil is dispensed into a bottle in this illustration photo. — REUTERS LONDON – OPEC cut its forecast for global oil demand growth this year and next on Tuesday, highlighting weakness in China, ...

Russia is “flagrantly violating” its agreements with the OPEC oil cartel by concealing the true amount of oil it is producing ...

OPEC lowered its global oil demand growth forecast for 2024 and 2025 due to weaker demand revisions in China and other Asian markets. This marks the fourth consecutive month of downward revisions ...

According to OPEC, Nigeria’s average crude oil production for September was 1.324 million barrels per day, a drop of 27 ...

Despite rising geopolitical tensions, the Organization of the Petroleum Exporting Countries (OPEC) held a panel meeting on ...

In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.

OPEC’s oil production rose last month as Libya restored output that was halted during a brief political crisis. Supplies from the Organization of Petroleum Exporting Countries increased by ...

OPEC scaled down forecasts for growth in global oil demand for 2024 and 2025 on Tuesday for the fourth consecutive month.