OPEC

OPEC+ did not raise oil production by 400,000 barrels per day in May and June to start a price war,…

Goldman Sachs analysts expect OPEC+ to pause further oil production hikes due to growing concerns over the weakening global economy,…

Wall Street banks are cutting oil price forecasts for 2025 and 2026 after OPEC+ announced a sharper-than-expected increase in production.…

Nigeria’s crude oil production climbed to 1.48 million barrels per day (mbpd) in April 2025, reaching 99% of its OPEC…

President Donald Trump’s pledge to achieve U.S. “energy dominance” is being challenged by a sharp rise in oil production from…

West Texas Intermediate (WTI) crude prices fell over 1% to around $62.00 per barrel on Friday during European trading hours,…

Goldman Sachs analysts believe OPEC+ is likely to halt further oil production increases due to signs of a weakening global…

OPEC has unexpectedly reduced its oil production, signaling potential internal tensions and raising questions about the group’s future strategy. According…

OPEC’s oil production fell slightly in April, despite plans to increase output, according to a Reuters survey released Thursday. The…

Investors with stakes in Canada’s oil industry are on edge as OPEC’s recent decision to increase production adds pressure to…