Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...

GLOBAL indications suggest that OPEC is no longer able to effectively manage its six million barrels of surplus oil stocks.

OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...

Larry Hagman played oil baron J.R. Ewing in the primetime soap opera Dallas from 1978 to 1991. The show got a reboot in 2012 ...

The Organisation of the Petroleum Exporting Countries (OPEC) has assured of its commitment to unlocking Africa’s full oil potential, saying doing that remains the organisation’s top priority.The ...

The Organisation of the Petroleum Exporting Countries, (OPEC) has reaffirmed its commitment to unlocking Africa’s full oil ...

With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

The decision ... formally paves the way for the participation of Brazil as a Member of the Charter of Cooperation between oil ...

While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Iraq has appointed Ali Al-Shatari as the new Director General of the State Oil Marketing Organization (SOMO), succeeding ...

The Industrial Development Bank of Türkiye (TSKB) has signed a loan agreement with the OPEC Fund to support renewable energy ...