World oil production increased by 406 kb/d in July to 81,591 kb/d. For December 2025, production is expected to be 84,634 ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...

TASS/. OPEC+ countries slashed oil production by 283,000 barrels per day (bpd) in October 2024 and were producing below the target by 154,000 bpd, the OPEC said in its November report. The OPEC+ ...

OPEC's oil production increased in October due to Libya's return to full capacity, offsetting declines from other members.

The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria's crude oil production for October 2024 stood ...

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...

Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of ...

The company also stated that it is set to hit the two million barrels per day target set by President Bola Tinubu by December ...

OPEC has reported that Nigeria’s crude oil production increased by 35,000 barrels per day in October, reaching 1.085 million ...

OPEC’s recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as ...

The forecasts come amid a slowing Chinese economy, which has significantly hit oil demand and abundant global supply.

The Organization of Petroleum Exporting Countries (OPEC) has reported Nigeria’s crude oil output ... with an output of 1.434 ...