OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

Crude oil production by the 22-member group remained steady in January at 40.63 million barrels per day. Output by the 18 members with quotas grew by 110,000 b/d, putting them 66,000 b/d over their ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

OPEC's priorities include supporting and ensuring global oil market stability to secure reliable, cost-effective, and regular ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...

In his second inaugural address, President Donald Trump declared a national energy emergency and reiterated his intention to increase domestic oil production.

Nigeria has set a target of boosting daily production to 2.7 million ... largely within its OPEC+ crude oil quota of 1.5 million barrels per day. “The OPEC quota does not include condensate.