News

OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...
Oil futures slipped slightly in thin holiday trading on Friday, as the market looked ahead to this weekend's OPEC+ meeting ...
VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical ...
Oil prices dipped on Thursday as analysts weighed the implications of the U.S. tariffs set to be imposed only July 9, as well as the likelihood of the Organization of the Petroleum Exporting Countries ...
The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...
The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.
If approved, this would bring OPEC+'s total supply increase for the year to 1.78 million bpd, equivalent to more than 1.5% of ...
Oil is likely to rise by $3-$5 per barrel when trading resumes on Sunday evening after the U.S. attacked Iran at the weekend, ...
Oil markets are now refocused on OPEC production as the geopolitical concerns dim somewhat following the Iran-Israel ...
HOUSTON (Reuters) -Oil prices edged up slightly on Friday, recovering from a midday drop into negative territory following a ...