Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

Goldman Sachs sees oil prices under pressure despite global growth, citing Iranian supply owing to the US-Iran nuclear deal, ...

The oil cartel OPEC and its allies, collectively known as OPEC+ ... the de facto leader of OPEC+, could urge the group to ...

However, the company anticipates challenges in the second quarter due to tariff impacts and OPEC's production increase, with management focusing on flexibility, cost controls, and opportunities in ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist ...