Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

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, ...

Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...

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

The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

EIA projects that global oil inventories will decline in second-quarter 2025, driven partly by reduced crude oil production ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday.

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data has shown. Kazakhstan has persistently exceeded its ...

Nigeria has successfully reached its OPEC oil production targets after years of falling short, according to a top official ...

The country has experienced fluctuating oil production due to internal strife since the fall of Muammar Gaddafi in 2011.