The major part of the sell-off was due to the fallout from "Liberation Day" on April 2, when President Trump announced much ...

Oman’s oil production is projected to rise to 775,000 barrels per day (bpd) in June 2025, up from the required production ...

By Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -OPEC+ will accelerate oil output hikes and could bring back to ...

Saudi Arabia is signaling a major policy shift within OPEC+, warning fellow oil-producing nations that continued ...

U.S inflation stood at 2.4% y/y in March 2025, declining from the 2.8% y/y reading in February 2025 due to decline in energy ...

OPEC+ shocked the oil market in April by agreeing a faster-than-expected unwinding of cuts despite weak prices and demand ...

The group, which includes the Organization of the Petroleum Exporting Countries (OPEC) and allies such as Russia, agreed ...

OPEC+ signals mask real output trends, with Saudi actions tightening supply and confusing markets. Find out why oil sentiment ...

Nigerian crude fell below the Federal Government’s benchmark, selling for $65 per barrel, as OPEC increased production despite heightened geopolitical ...

OPEC+ leader Saudi Arabia warned the group’s overproducing members it could amplify a historic shift in policy and deliver ...

OPEC+ countries agreed on May 3 to accelerate oil output growth for a second consecutive month, increasing output by 411,000 ...