The International Energy Agency (IEA) on Wednesday trimmed its forecast for 2024 oil demand growth, widening the gap with ...

Crude output for OPEC 12 decreased by 48 kb/d in April with decreases coming from Nigeria, Iraq, and Venezuela which were ...

“We ultimately expect OPEC’s oil ministers to agree on June 1 to roll over all production reductions until the end of the ...

Haitham Al Ghais, the Secretary General of the Organization of Petroleum Exporting Countries (OPEC), has issued a statement ...

OPEC stuck to its forecast for strong growth in global oil demand in 2024 on Tuesday and said it would switch to focus on ...

OPEC left its estimates for global oil-demand growth unchanged for this year and next, while reporting a fall in crude output ...

OPEC is preparing to replace the ‘call on OPEC’ forecast of global demand for the cartel’s crude oil with ‘call on OPEC+ ...

Oil futures settled at a nine-week low on Tuesday, as the Organization of the Petroleum Exporting Countries left its monthly ...

OPEC’s oil production declined by 48,000 barrels per day from March to April, just ahead of the meeting at which OPEC+ will ...

World oil production decreased by 1,402 kb/d in January. The largest decrease came from the U.S., 762 kb/d. Click to read.

Iraq’s oil minister said any extension to output cuts is a matter for OPEC, and the country will stick to whatever the group ...

Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...