The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in ...

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

According to the oil cartel's direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 million recorded in December 2024, an increase of 54,000 barrels.

The Organization of the Petroleum Exporting Countries (OPEC)’s latest monthly report indicates that the price of Iran’s heavy crude oil rose by $6.65, or 9.1 percent, in January compared to December, ...

BAKU, Azerbaijan, February 14. Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per ...

The survey revealed that OPEC produced 26.53 million barrels per day in January, a drop of 50,000 barrels per day from December's revised total. Nigeria and Iran reported the most significant ...

According to the latest monthly report from OPEC, Iran’s heavy crude oil prices rose significantly in January, increasing by ...

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

Trump’s promotion of fossil fuel-driven growth poses significant challenges, but there are mitigating factors as well.