OPEC Maintains Oil-Demand Growth Forecasts Amid Tariff Uncertainty
Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...
Kazakhstan was the main laggard in OPEC+ oil pact in February, OPEC data shows
Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...
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Oil Prices Dip Despite Bullish Demand Outlook
Crude oil prices dipped despite a significant U.S. gasoline inventory draw indicating strong demand, as concerns about global ...
Oil Prices Fall After OPEC Plus Affirms Plan to Raise Production
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
OPEC says Kazakhstan leads jump in OPEC+ output, holds demand view
OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...
Oil prices fall as OPEC nations raise production
Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
Oil Prices Slide on Jitters Over Trump’s Tariffs and OPEC Increases
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
India's crude oil imports up 3% on month in Jan-24, net petroleum products export ease marginally
Organization of Petroleum Exporting Countries or OPEC stated in a latest monthly report that India's crude imports began the year averaging 4.9 mb/d. This represents an increase of 154 tb/d, or over 3 ...
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Nigeria’s crude oil production dropped to 1.46m bpd in February, says OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...
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Kuwait oil profits set to surge in 2025/26 budget
The expected improvement is attributed to Kuwait’s gradual increase in its OPEC Plus share, scheduled to begin in April ...
Trade War Threatens Oil Demand as OPEC+ Boosts Supply, IEA Says
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening ...