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 ...

A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

Opec+ decides to adhere to oil production policy 05 February 2025 By Indrajit Sen Oil ministers from the Saudi Arabia and Russia-led alliance will gradually increase output from April, fending off ...

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

LONDON (Reuters) -OPEC+ agreed to stick to its policy of gradually raising oil output ... ministers from OPEC and allies led by Russia (OPEC+) discussed Trump's call to raise production, and ...

The experts stressed the need for Kuwait and other Gulf nations to diversify their income sources, and attract foreign ...

But the oil market is front-running their worry, hitting multi-month highs from the combination of a European ban on Russian supply,... The Devil Is Always In The ISM Details And Can OPEC Deliver ...

This means the government produced 1.42m barrels from 1.484m barrels in December. OPEC oil production dipped in December – Report OPEC appoints Nigeria's Adeyemi-Bero board of governors ...

Meanwhile, at its 58th meeting of the Joint Ministerial Monitoring Committee which was held via a video conference on Monday, OPEC reviewed the crude oil production data for the months of November ...