What's more important for crude oil markets? Forecasts of Chinese oil demand growth by leading agencies or the reality of ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Crude oil logs biggest weekly gain since January on US sanctions, OPEC+ group cuts: Brent gains over 2% in five days ...

OPEC+ on Thursday issued a new schedule for seven member nations to make further oil output cuts to compensate for pumping ...

The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.

The Organisation of the Petroleum Exporting Countries (OPEC+) has unveiled a new schedule for seven of its member nations to implement further oil output cuts. This move aims to compensate for ...

Oil markets are currently reacting to potential Russia-Ukraine ceasefire, increased OPEC+ output, and US threats of tariffs ...

As international supermajors are expanding oilfields in Kazakhstan, the non-OPEC producer part of the ... in Kazakhstan that would boost crude oil output by 260,000 bpd. Chevron achieved first ...

Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...

There are growing concerns over the ability of the federal government to fully implement Nigeria's almost N55 trillion budget for 2025 as the deficit in the country's crude oil production benchmark of ...