What the country does with its newfound power will be crucial for everything from prices to the future of mining investments ...
Nigeria has achieved a significant milestone by meeting its Organisation of Petroleum Exporting Countries (OPEC), crude oil ...
OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market ...
World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...
The production figure which was released in OPEC monthly oil market report showed that the increase was against 1.485mln bpd ...
Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
In December 2024, Nigeria's crude oil production reached 1.5 million barrels per day (bpd), marking the first time it met its ...
Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...
Muhammad Tamim, Iraq’s deputy prime minister and minister of planning, says the decision to raise production will be examined ...