News

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment ...
The group, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, agreed ...
Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...
The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May ...
Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...
Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due ...
IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.
Eight member nations of the OPEC+ alliance are scheduled to convene on Saturday to deliberate on a potential further ...
A demand outlook clouded by trade disputes between the U.S. and China coupled with OPEC+'s decision to unwind supplies will ...
Crude futures posted back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting.
Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...