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

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 ...

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

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 ...

LONDON (Reuters) -OPEC+ plans to further accelerate oil output hikes and possibly unwind 2.2 million barrel per day of ...