OPEC said on Wednesday that Kazakhstan led a sizeable jump in February crude output by the wider OPEC+, highlighting a ...

The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...

U.S. Energy Secretary Chris Wright said on Monday that he was pleased with OPEC actions and had no specific requests of the ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Iran called on its OPEC peers to take united action against harsher enforcement of U.S. sanctions. Iran's weak position within OPEC and the broader Middle East makes stringent measures against the ...

According to them, OPEC must have done its research about the refinery and the positive influence it would have in the nation’s petroleum market, considering how it has lowered the prices of ...

This is about 39,000 barrels above the 1.5mbpd set for the oil-producing country by OPEC. The PUNCH reports that Nigeria failed to meet the crude oil production quota approved by OPEC throughout ...

The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said U.S. President Trump’s trade policy ...

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.

Nigeria has, for the first time, met the Organisation of Petroleum Exporting Countries’ (OPEC) crude oil production quota of 1.5 million barrels per day (bpd), marking a significant milestone in ...

The increase in oil output comes as President Trump has called on OPEC countries to “cut the price of oil.” The Trump administration has repeatedly engaged with Saudi Arabia. The president’s ...

OPEC+ will proceed with plans to revive halted oil production after repeated delays, amid pressure from President Donald Trump to lower oil prices. In a surprise move that sent crude tumbling, the ...