World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
OPEC has signaled it would not change its production policy despite calls from the U.S. president to bring more oil to market. “We read the market. We analyze the supply, demand, away from ...
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.
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 ...
The US expects bigger oil surpluses than it previously projected for this year and in 2026, driven by continued growth in American and non-OPEC production and projections that sanctions won’t ...
global oil benchmark Brent crude averaged around $81 a barrel in 2024. The Opec statement issued after the 3 February meeting added: “The members of the JMMC who participated in the additional ...
OPEC’s decision to maintain production and sluggish demand weigh on natural gas and oil, signaling bearish trends ahead.
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 ...
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 ...