Brent crude futures surged 13.4% to $87.26/barrel due to Middle East tensions, OPEC cuts, attacks between Ukraine and Russia, ...
OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
OPEC members produced 27.73 million bpd in September, as Nigeria and Iran boosted production the most, according to the survey based on vessel-tracking data Oil prices started to gradually recover ...
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production targets, pushing back against ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an ...
MOSCOW, March 25 (Reuters) - Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target of 9 million barrels per day (bpd) by the ...