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Brazil Joins OPEC Charter on Energy Cooperation
The Brazilian government announced its approval to join OPEC+ Charter of Cooperation. The Brazilian Mines and Energy Minister Alexandre Silveira said in a press conference, on Tuesday, that while ...
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Crude Prices Rally on Report that OPEC+ May Further Delay Production Increases
WTI crude oil (CLH25) today is up +0.88 (+1.24%), and March RBOB gasoline (RBH25) is up +0.0044 (+0.21%). Crude oil prices ...
Crude Oil Prices12d
A New Oil Cycle Begins And Sanctions, Shale, and OPEC Set the Stage
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
OPEC takes long-term view of global oil markets, aims for stability
Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market ...
Premium Times5d
Nigeria’s crude oil production rose in January – OPEC
According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 ...
Crude Oil Prices7d
How Will OPEC Respond To Iran’s Call For Action Against U.S. Sanctions?
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
Trend News Agency5d
OPEC reports decline in Kazakhstan's oil output for Jan. 2025
BAKU, Azerbaijan, February 14. Kazakhstan’s crude oil production in January 2025 was estimated at 1.53 million barrels per ...
Brazil to join the OPEC+ group of major oil-exporting nations
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...