OPEC+ is reportedly weighing another delay to its plan to resume monthly oil supply hikes from April. Read more.
However, if OPEC is willing to cut once to meet demand ... that was easily offset by the news that OPEC was consider further production cuts. The announcement of the partial trade deal between ...
Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...
Iraq's Oil Ministry on Monday affirmed its commitment to the agreement with the Organization of the Petroleum Exporting ...
President Trump's push for lower energy costs by increasing oil production may inadvertently raise prices, experts caution.
which is continually pushing back the start of the unwinding of the 2.2 million barrels a day of voluntary production cuts," CFRA Research Energy Equity Analyst and Deputy Research Director ...
Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...
Muhammad Ali Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be ...
OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...
By John Lee. The Iraqi Ministry of Oil has reaffirmed its full commitment to the OPEC+ production agreement, including additional voluntary cuts and compensation for excess production. In a statemet ...
OPEC cut oil production in January 2025 by 121,000 barrels per day compared to December, producing 26.678 million bpd, according to the organization's monthly report.