Oil prices fell to a four-year low in April and are expected to drop further amid uncertainties about global economic ...

OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the ...

OPEC just pulled a plot twist. Instead of raising production as planned, the cartel’s April output dropped by 200,000 barrels per day (bpd) to 27.24 million bpd, according to a new Bloomberg ...

Under such pressures, producers with higher costs, like shale drillers in the United States, which have been increasing output in recent years while OPEC restrained production, may be forced to ...

The OPEC+ members currently participating in voluntary production cuts will meet this ... a Bloomberg survey released Thursday showed that OPEC’s actual output fell by 200,000 bpd in April ...

OPEC said Nigeria produced 1.51 million bpd in March as against 1.54 million bpd in February. 'Total DoC crude oil production averaged 41.02 mb/d in March 2025, which is 37 tb/d lower, m-o-m ...

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of oil-producing nations said it plans to increase output. The S&P 500 slid 0.7 ...

Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this ... a move to unwind production curbs much faster than had been expected. Prices are now deeper ...

OPEC said Nigeria produced 1.51 million bpd in March as against 1.54 million bpd in February. "Total DoC crude oil production averaged 41.02 mb/d in March 2025, which is 37 tb/d lower, m-o-m ...