U.S. commercial crude inventories fell by 1.0 million barrels, bringing total stockpiles to 411.7 million barrels, 6% below the five-year average ... Trump challenged OPEC to lower oil prices ...

Nigeria has finally met the quota set for it by the OPEC, a report by the Nigerian Upstream Petroleum Regulatory Commission ...

The U.S. Energy Information Administration forecasts non-OPEC crude oil production to increase by 1.8 million barrels per day this year. OPEC+ has maintained output cuts for three years ...

Compensations by OPEC+ ‘debtors’ in January were expected at 120,000 bpd of oil ... though output was 251,000 bpd below the target considering voluntary cuts and compensations, OPEC said ...

October World oil output without the US increased by 692 ... capable of meeting the increasing World oil demand for next year while OPEC withholds its oil from the market. For these five countries ...

Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...

One of them said the oil market may be able to absorb extra supply from April as a result of tougher sanctions and higher Chinese demand, although it was too early to make that call. All sources ...

Kazakhstan’s crude oil production ... day (mb/d), according to OPEC’s latest report, Trend reports. This marks a decrease of 73,000 b/d from December 2024, when output was recorded at 1. ...

The group includes the 12 members of OPEC, the longstanding ... world's seventh-largest oil producer, with about 4.3 million barrels daily, or four per cent of the world's output, according ...