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Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

OPEC kept its global oil demand growth forecast unchanged for the third successive month, amid expectations that China will ...

Oil futures rose Wednesday, finding support from a weaker U.S. dollar and data from the Energy Information Administration ...

The profits of local oil companies affiliated with Kuwait Petroleum Corporation (KPC) will remarkably improve in the ...

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

MOSCOW. March 12 (Interfax) - OPEC+ countries participating in the agreement boosted oil production by 313,000 barrels per day to 35.5 million bpd in February, according to OPEC's monthly report.

According to OPEC data, oil production in Russia in December 2024 was 9.004 million bpd, in January - 8.977 million bpd ...

Moreover, OPEC also maintained its outlook on growth of oil supply from non-OPEC+ countries at 1 mbd for 2025 and 2026. In ...

OPEC also kept its estimates for global economic growth unchanged at 3.1% for this year and 3.2% for the next, saying trade disruptions could generate headwinds but that the economy will be supported ...

The average price of a regular gallon of gas decreased more than two cents over the past week, falling to a mark lower than a ...