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 ...

LONDON, Feb 12 (Reuters) - OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential ...

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

The Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s average daily crude oil production increased significantly to 1.539 million Barrels Per Day (bpd) in January.

According to OPEC’s monthly oil market report, the country’s production increased by 3.6% from December’s output of 1.48 million bpd. This development solidifies Nigeria’s position as ...