BRASILIA, Brazil -- Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil state just nine months ahead of ...

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

Crude was higher, and the potential resumption of oil exports from Iraq’s Kurdistan region could challenge the country’s ability to comply with OPEC+ quotas, Commerzbank said.

Nigeria has successfully reached its crude oil production target set by OPEC, according to a report from the NUPRC.

The International Energy Agency modestly raised its forecast for global oil-demand growth and said improved compliance with ...

The Organization of the Petroleum Exporting Countries stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said U.S. President Trump's trade policy is ...

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

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil from Iraq and 65,000 bpd from Kazakhstan, according to the latest released schedule ...

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

Investing.com -- The Organization of the Petroleum Exporting Countries (OPEC) saw a decrease in oil output for the second consecutive ... The survey revealed that OPEC produced 26.53 million barrels ...

Equinor also announced plans to increase oil and gas production by more than 10 percent between 2024 and 2027. It increased its expected production for 2030 from two million barrels per day ... The ...