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Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...
OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical factors and a slowdown in non-OPEC discoveries, despite earlier predictions of ...
Oil exports increased by 25,000 barrels per day (bpd) in May, reaching 6.19 million bpd, according to JODI data, which is ...
Exactly 55 years ago this month, Nigeria joined Organization of Petroleum Exporting countries, OPEC, the global club using ...
Standard Chartered believes the market significantly overestimates OPEC's spare oil production capacity, suggesting a ...
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change ...
In Riyadh’s own analysis, that supply-to-market figure was 9.36 million barrels a day, a number matched almost identically by ...
Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...
OIL is going through a period of uneasy calm, but market players are pondering if it's a trend that would last.
NEW YORK (AP) — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 ...
The OPEC+ alliance, which includes countries such as Russia and Kazakhstan, will expand its share of global oil markets to 52 ...
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