Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

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

Nigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization moves to increase output in February.

We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at ...

OPEC’s monthly report has revealed, reported Reuters. According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, rose by 363,000 ...

In a monthly report, the Organization of the Petroleum Exporting Countries said OPEC+, which includes OPEC plus Russia and other allies, in February raised output by 363,000 barrels per day to 41. ...

Nigeria has a 1.5 million barrels per day OPEC+ quota. OPEC’s secondary sources hinted that the country’s output went a little above 1.5mb/d, 1,526mb/d in January to 1,560mb/d in February.

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production declined to 1.65 ...

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