U.S. President Donald Trump is scheduled to attend a meeting of global financiers and tech executives hosted by Saudi ...
Nigeria’s crude oil production dropped by 30,000 barrels per day (bpd) in January to 1.495 million (bpd), falling short of ...
According to OPEC, the Dangote refinery has cut down Nigeria’s imports of petroleum products from Europe. According to experts, the Dangote refinery might end the decades-long gasoline trade from ...
China, India, other Asian countries, as well as Latin American and Middle Eastern states, are expected to be the main drivers of oil demand growth ...
The Organization of the Petroleum Exporting Countries, in a monthly report, said world oil demand will rise by 1.45 million ...
Russia’s oil production totaled 9.01 mbd in November 2024, and 9.004 mbd in December, according to OPEC. Output averaged 9.250 mbd in Q2 2024, 9.058 mbd in Q3, and 9.015 mbd in Q4.
OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day.
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...
Russia has claimed 100% compliance with its oil production quota under the OPEC+ agreement in January and February.
The American Petroleum Institute, an industry trade group, reported late Tuesday that U.S. crude inventories rose 9.04 million barrels last week, according to a source citing the data, while gasoline ...