News

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...
The International Energy Agency on Wednesday raised its forecast for oil supply growth this year following a decision by the ...
Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...
OPEC raised its expectations for global oil demand growth next year and lowered the supply growth forecast for producers ...
Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...
OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...
Opec forecast a tighter global oil market than previously projected, citing accelerating demand growth and a slower expansion ...
Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...
LONDON: The Organisation of the Petroleum Exporting Countries (OPEC) on Tuesday raised its global oil demand forecast for ...
OPEC revealed in its monthly report, issued Tuesday, changes in its crude oil prices during June and July 2025, which rose ...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.50 ...
OPEC maintained its forecast for global oil demand growth for 2025, while raising its estimate for next year, citing a strong ...