OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...

The Organization of the Petroleum Exporting Countries and allies are expected to go ahead with their plan of increasing oil ...

We are also committed to the future of the industry.” Wise words from an Opec representative, these could have been spoken ...

Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose ...

Big oil moves, shifting global dynamics, and a market that just got a lot more interesting. In Oliva Gibbs' latest webinar, ...

Russia's daily oil exports from its western ports are set to rise by some 100,000 barrels per day to 1.97 million bpd in ...

NEW YORK] Oil prices fell on Friday (Mar 28) on worries that US tariff wars could spark a global recession, but gained for a ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

Output for December 2024 was revised lower by 110 kb/d and January 2025 output was revised higher by 28 kb/d compared to last ...

Kyiv. Three people, including a 5-year-old child, were killed in a massive drone attack by Russian forces on Ukraine’s ...

The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular ...