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

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 ...

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

There a fundamental contradiction in the Trump administration’s energy policy. It wants a boom in US oil production but it also wants lower prices. There’s conflict between those ambitions.

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

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) ...

While acknowledging that challenges still remain, Sodipo maintained that the sector is in a much better place than ...

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 ...

Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...