The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel and many analysts and oil executives said too many US shale producers would ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

Crude oil futures drop amid tariff war tensions, US crude inventories rise, OPEC maintains demand and supply estimates.

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

Oil prices plunged this week as a result of OPEC+'s planned production hike and Trump's tariff policies, and oil majors sold ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...