West Texas Intermediate (WTI) Oil price fell by approximately 3% on Thursday, extending the previous session’s losses of over ...

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

Liquids supply from countries not participating in the Declaration of Cooperation (non-DoC) is expected to grow by 0.8 mb/d in 2025 to average 54.0 mb/d. Liquids output in the OECD (excluding Mexico) ...

At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

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Bankinter | OPEC could accelerate production increase in June. According to press reports, several members are considering an increase in production. As a reference, OPEC will increase its production ...

Hurt by weakening demand and depressed prices, US oil output is expected to shrink in 2026 for the first time since the Covid ...

With the market beset by OPEC’s supply increase and the economic uncertainty caused by the Trump administration’s trade war, U.S. oil production could actually decline in 2026, the first such drop ...

"The main increase in oil supplies after 2030 will be due to OPEC+ countries, including Russia. While India will be the main driver of oil consumption growth as its demand, as per OPEC, will increase ...