By Alex Lawler LONDON, Feb 11 (Reuters) - OPEC on Wednesday forecast world oil demand from the OPEC+ group will drop by ...

By Alex Lawler LONDON, Feb. 9 (Reuters) - OPEC's oil output fell in January due to lower supply from Nigeria and Libya, a ...

Crude oil production from the OPEC+ alliance dropped significantly in January due to a major supply disruption in Kazakhstan and lower output from Iran and Venezuela.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. ST. PETERSBURG, RUSSIA - JUNE 6: Secretary General of the ...

Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and ...

Oil prices were little changed on Friday after falling in the previous session, on receding concerns of an Iranian conflict.

THE Organization of the Petroleum Exporting Countries (Opec) announced on Wednesday, Feb. 11, 2026, that it is maintaining its previous forecasts for global oil ...

OPEC+ faces a major oil oversupply in 2025, challenging production increases. The coalition has tried to boost oil prices by holding back output. Instead, members are ceding control to non-OPEC ...

OPEC+ is leaning towards resuming its monthly oil production increases from April, Reuters reported, after having paused increases for Q1.

Rising oil production in the US, Guyana, and Brazil is challenging OPEC's ability to reverse its output cuts. The EIA forecasts that global oil supply will fall short of demand in the second half of ...

The Organisation of Petroleum Exporting Countries (OPEC) has reported a lower oil output in January following lower supply ...

Weak global demand has caused yet another delay in unwinding OPEC’s production cuts. Instead of taking place over 2025, the cartel is telegraphing a much longer period, from April 2025 through 2026.