OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Late last year, following a fall in US production, it decided to cut output in order to bolster prices again. But it turns out shale "is the wild horse Opec can't tame". Saudi Arabia, Opec's key ...

Oil is traded in US dollars ... Oil prices have dropped 40% since June. And OPEC’s bombshell decision in November not to scale back on production has sent prices even lower.

Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...

Besides production ... US$91 in April, pressured by elevated stocks and concerns over global demand growth. Impact on global economy Some of the producer group's supply cuts have had significant ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to curb the flows and smaller drops ...

Other countries ban international producers altogether in favor of domestic OCTG manufacturers. Shifts in US trade regulation, which affects more than half of Tenaris’ sales, would be ...

Kuwait's oil minister said that the OPEC+ meeting would significantly affect production policy formulation in the coming ...

December’s Non-OPEC W/O US oil production rose by 205 kb/d to ... Regardless it is not clear how the $10/b drop in WTI will affect production going forward. “His administration’s latest ...

DUBAI: The Organisation of Petroleum Exporting Countries (Opec) has agreed to accelerate oil production hikes for a second ...