World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market ...
With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...
Oil prices edged up on Wednesday, buoyed by concern over oil supply disruptions in Russia and the U.S. while the market ...
Goldman Sachs said a potential ceasefire in Ukraine and subsequent easing of sanctions may have little impact on Russia's oil ...
US President Trump has vowed to ask OPEC to ramp up production. Lower oil prices will not only impact OPEC, it will also affect US oil producers. OPEC has a very different agenda than Trump and is ...