Muhammad Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be examined strictly according to the interests of OPEC.

Fresh US sanctions on Russia’s oil exports have yet to impact supply, the International Energy Agency said on Thursday.

The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with ...

Consumer prices rose 3%, extending a recent pattern of increases at the start of the year that likely derails the prospect for Federal Reserve rate cuts anytime soon. BOE's Greene Says Key Rate Must ...

Oil prices deepened their losses today, Feb. 12, after OPEC maintained its forecast for global oil demand growth this year, while economic data weighe ...

The move by Dangote Petroleum Refinery to slash the price of diesel by N55 per litre has sent ripples through Nigeria’s ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price ...

The bloc will be key in “filling an Iranian-shaped hole in global oil supply” by sticking to a plan to begin unwinding 2.2m ...

President announces latest import taxes and derides pop superstar after she is jeered by Philadelphia Eagles fans in New ...