Oil prices in 2025 were expected to remain in the seventies range but fell below expectations. OPEC's decision to unwind ...

By Alex Lawler LONDON, Feb 11 (Reuters) - OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by ...

By Alex Lawler LONDON, Feb. 9 (Reuters) - OPEC's oil output fell in January due to lower supply from Nigeria and Libya, a ...

Crude oil production from the OPEC+ alliance dropped significantly in January due to a major supply disruption in Kazakhstan and lower output from Iran and Venezuela.

Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and ...

THE Organization of the Petroleum Exporting Countries (Opec) announced on Wednesday, Feb. 11, 2026, that it is maintaining its previous forecasts for global oil ...

Oil prices were little changed on Friday after falling in the previous session, on receding concerns of an Iranian conflict.

OPEC+ is leaning towards resuming its monthly oil production increases from April, Reuters reported, after having paused increases for Q1.

OPEC maintained its forecasts for global oil demand growth for both the current and following years in its monthly report ...

Nigeria lost an estimated $1.31 billion in gross revenue over the past year due to its consistent struggle to meet its production quota set by OPEC+, despite having ambitious plans to boost oil output ...

The OPEC secretariat has received updated compensation plans from Iraq, United Arab Emirates, Kazakhstan and Oman, the organisation said on Monday.