OPEC+ crude production rose in June but fell short of its planned hike, with Saudi Arabia clarifying its output amid market ...

The oil cartel - which produces 40 percent of the world’s total oil output - agreed to further increase output in August.

The OPEC+ Joint Ministerial Monitoring Committee (JMMC) reiterated its call for member states to adhere to agreed production ...

OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...

Global refinery crude intake posted a sharp increase of 2.1 million bpd in June from ... falling in May and remained above ...

A trade deal between the US and EU proved positive for sentiment this morning in the oil market. However, attention will ...

Kazakhstan's oil production in the first half of 2025 witnessed a significant surge of approximately 11.6%, reaching 49.9 ...

Iraq will increase its shipments of crude oil as part of an expanded export program, signaling an increase in the country's ...

March’s production increased by 869 kb/d to 45,459 kb/d for these eleven Non-OPEC countries, while as a whole, the Non-OPEC countries saw a yearly production increase of 674 kb/d to 54,188 kb/d.

The Nigerian National Petroleum Company Limited (NNPCL) has announced a massive post-tax profit of N905 billion in June amid ...

In collaboration with its allies, OPEC is set to boost oil production in response to anticipated robust demand.