Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12 ...

According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...

Three sources said that OPEC+ would likely stick with its plan to increase oil production for a second month in a row in May.

OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

Analysts …Say Nigeria May Struggle To Meet Its Revenue Targets Nigeria’s 2025 budget is facing major risks as declining oil production and falling global crude prices threaten the country’s revenue ...

Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...

WTI crude oil Friday closed up +0.21 (+0.31%), and May RBOB gasoline closed up +0.0026 (+0.12%). Crude oil and gasoline prices posted modest gains on Friday. Crude prices had ...

This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.

Dubai OPEC+ has announced a revised schedule for seven member nations to implement additional oil output cuts, aiming to compensate for previous overproduction. These measures are set to overshadow ...