The EIA's crude oil price estimates were little changed from those of the previous report, with Brent forecast to average $74 a barrel this year and $66 a barrel the next. WTI is forecast at $71 and ...

THE Organisation of Petroleum Exporting Countries (OPEC), said Nigeria’s average daily crude oil production has increased significantly to 1.539 million Barrels Per Day (bpd) in January.According to ...

The International Monetary Fund (IMF) has adjusted its 2025 GDP growth projection for Saudi Arabia to 3.3%, attributing the revision primarily to the extension of oil production cuts by OPEC+ members.

"Fresh U.S. sanctions on Russia and Iran roiled markets at the start of the year but they have yet to materially impact global oil supply," the IEA said. "Iranian crude oil exports are only marginally ...

Scott Bessent, the new US Treasury Secretary under Trump’s administration, has a monster-sized mission. He’s been handed an economic puzzle that could break ...

Stamatis Tsantanis says demand for crude is declining and Iranian supplies can easily be made up for from elsewhere ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

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

French oil and gas giant TotalEnergies said Wednesday it would reduce its low-carbon energy investments while Norwegian peer ...

Chord Energy has a very cheap valuation, coupled with a focus on capital efficiency. Click here to see why CHRD stock is a ...

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

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.