BAKU, Azerbaijan, February 11. OPEC estimates a huge oil market deficit of 23 mb/d by 2030 if investment in the global ...

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Muhammad Ali Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be examined strictly according to the interests of OPEC.

DUBAI, United Arab Emirates (AP) — Saudi Arabia's crown prince may not be inside the room for the first high-level talks ...

Trump’s return to the White House could mean tougher enforcement of U.S. oil sanctions against OPEC member Iran, analysts have said, potentially cutting its oil exports, which stand at more than ...

However, the complexity of oil politics and the economic interests of OPEC nations may mean that such a change is unlikely without significant negotiations. Saudi Arabia, in particular ...

The discount for Mexican Maya crude, that country’s benchmark, is about $5 a barrel, EPRINC said. Putting those prices against import totals provides a total value in 2024 of $92 billion in Canadian ...

Neither Riyadh nor OPEC’s Vienna-based secretariat gave any ... in China and plentiful new supplies from across the Americas mean there is still the risk of an oil surplus, they said.

It elaborated: “Taking OPEC’s forecast as a baseline, oil markets would appear to be in a considerable deficit for all of 2025 while the IEA’s estimates would mean oil markets are in over-supply by ...

Neither Riyadh nor OPEC’s Vienna-based secretariat gave any indication that ... Faltering fuel demand in China and plentiful new supplies from across the Americas mean there is still the risk of an ...

"I'm going to ask Saudi Arabia and OPEC to bring down the cost of oil ... "If we got a bad deal, it would only mean seeing the president of Russia high-fiving with the leaders of North Korea ...