News

Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday ...
Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...
Future conflicts may be decoupled from oil shocks, giving Western powers more freedom to engage politically in the region ...
The world's largest group of oil producers, OPEC+, is set to announce another big increase of 411,000 barrels per day in ...
OPEC said on Monday it expected the global economy to remain resilient in the second half of this year and trimmed its ...
The Organisation of the Petroleum Exporting Countries (Opec) said it expected the global economy to remain resilient in the ...
Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s ...
Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...
The Gulf states are looking beyond oil and the internal combustion engine.
OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...
The Secretary General of OPEC told the Global Energy Show in Calgary that energy demand is expected to increase by 24 per ...
The OPEC Fund announced some US$720 million in new financing to support development efforts across Africa, Asia, Latin ...