OPEC, which along with its allies is ramping up oil output, expects "very strong" oil demand in the third quarter and a tight supply-demand balance in the following months, its secretary general said, ...

Africa is and will be the largest supplier of oil to Europe until 2035, if the market of the countries The EU will not return ...

OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with ...

The Oil-price outlet is reporting that OPEC has refused accreditation for Reuters, Bloomberg, the New York Times, the ...

The Organisation of the Petroleum Exporting Countries has called for urgent and sustained investment in the global upstream ...

NNPC plans to push for a 25% increase in Nigeria’s oil output quota by 2027, citing refinery growth and improved production.

VIENNA – Opec has cut its global oil demand forecasts for the next four years as Chinese growth slows , even as it lifted its ...

Oil demand had recovered from the COVID-19 pandemic, resulting in a more predictable outlook, organization says ...

OPEC has excluded five of the world’s leading news organizations from covering its biennial oil seminar in Vienna, attended ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand will hit 123 million barrels a day by ...

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...