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 expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same as the 2025 estimate at 1.4 Mb/d, this month is the first estimate for ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...
The Saudis self-reported March crude oil production of 10.300 million bpd, OPEC said in the report. UAE raised its production by 23,000 bpd to 2.983 million bpd, per OPEC’s secondary sources ...
OPEC+, which includes OPEC, Russia and their allies, has deepened cuts, reducing production by almost 6 million bpd in a series of steps since 2022 to support the market. The latest OPEC+ cut of 2 ...
Opinions expressed by Forbes Contributors are their own. Robert Rapier is a chemical engineer covering the energy sector. In my previous article, I discussed the oft-cited notion that OPEC is a ...
(Bloomberg) -- OPEC forecast another year of steady oil ... that should allow Saudi Arabia and its OPEC+ partners to revive halted production, ultimately restoring roughly 2 million of barrels ...
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Asian crude buyers unlikely to face supply squeeze as OPEC+ navigates supply roadmap: S&P GCImanoeuvres to chart a supply roadmap amidst shifting market dynamics. With non-OPEC supplies poised to fill potential voids left by extended production cuts, the oil landscape braces for continued ...
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