With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%. US10yr yields up 6bps ...

Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

Trump and Putin agree to start negotiations on Ukraine "In its monthly report, OPEC left its ... US commercial crude oil inventories (excluding SPR) increased by 4.1m barrels over the last week ...

Regarding global oil supplies, OPEC expected in its report that supplies from countries not participating in the Cooperation Agreement would grow by 1.0 million barrels per day in 2025 ...

OPEC’s latest monthly report confirmed that Iran’s heavy crude oil price rose from $73 per barrel in December to $79.65 in January 2025. The average price of Iran’s heavy crude in 2024 was recorded at ...

the price of Iran’s heavy crude oil reached $79.65 per barrel in January. OPEC’s February report also revealed that Iran maintained its position as the third-largest producer in the organization, with ...

But the oil market is front-running their worry ... The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker ...