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.
The Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+, is cutting output by 5.85 million barrels per day (bpd), equal to about 5.7% of global supply, as agreed in a ...
In response to Donald Trump’s statements regarding pressure on OPEC-plus to reduce oil prices and the potential impact on the ...
Kazakhstan oil production hit a record high on January 27 with daily output reaching 278499 metric tons following the recent ...
Atul Arya, Chief Energy Strategist at S&P Global, highlights India's promising role in leveraging AI for enhancing energy ...
Brent Crude oil prices recovered supported by potential “maximum pressure” on Iran by the US. OPEC+ maintained its current production policy ... major shift from OPEC + at the meeting was ...
OPEC production is covered in a separate post. Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to “oil”, for oil-producing countries. The charts are ...
Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He ...
U.S. President Donald Trump is expected to pressure Saudi Arabia and OPEC to lower oil prices, a move that could eventually lead to a new oil price war ...
According to OPEC data, Nigeria's oil production ... The data published by NUPRC shows that the crude oil production minus (blended condensate plus unblended condensate), in the country stood ...