News

The group, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, agreed ...
OPEC+ announces a 411K barrel-per-day oil output boost for June despite falling prices, signaling a bold strategic shift.
Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...
Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...
Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June on Saturday, due ...
The OPEC+ members currently participating in voluntary production cuts will meet this Saturday, May 3, instead of Monday, May ...
Eight member nations of the OPEC+ alliance are scheduled to convene on Saturday to deliberate on a potential further ...
OPEC's crude production fell last month despite the group's long-awaited plans to increase, with much of the reduction ...
Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million ...