OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
Putin backed the production cuts, but said the output is dropping "while it grows in other countries such as the US, and we ...
Oil futures were flat to slightly higher early Tuesday ahead of an eagerly awaited U.S. consumer-price index reading for ...
The CPI for February rose 0.4% for the month, in line with expectations, but the annual rate came in slightly ahead of the ...
Despite the extension of OPEC+ production cuts, OPEC saw its oil production rise by more than 200,000 bpd in February.
Iraq will reduce its crude exports to 3.3 million barrels a day in the coming months to compensate for any rise above its OPEC+ quota in January and February, the oil ministry said on Monday.
As long as demand remains strong and growing, the oil market will swing into the deficit that OPEC’s leader needs to ...
Nigeria, the largest crude oil producer in Africa, is poised to navigate challenges in its oil production following the ...
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) led by Saudi Arabia and Russia agreed earlier this week to extend voluntary oil output cuts of 2.2 million barrels per day ...
Oil futures rose Thursday, finding support after the International Energy Agency lifted its forecast for oil-demand growth ...
In an oil market update sent to Rigzone late Tuesday, Rystad Energy Senior Vice President Jorge Leon outlined that OPEC+’s ...