Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

The Organisation of Petroleum Export Countries (OPEC) has disclosed that Nigeria surpassed its December quota, with oil ...

OPEC production is covered in a separate post. Below are a number of Crude plus Condensate (C + C) production charts, usually shortened to "oil", for oil producing countries. The charts are ...

OPEC’s projections remain higher than other agencies, underlining its long-term bullish stance on oil. Meanwhile, global supply dynamics add complexity. OPEC+ has postponed production hikes to ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in ...

International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries outstrips the growth in global crude consumption, according to Bank of America ...

OPEC's position in the oil market is slipping ... regardless of how long it holds back on increasing production. At the same time, non-member countries continue to pump crude at a record pace.

(MENAFN) Iran's oil production ... rise in OPEC's overall output. The group's 12 member countries produced a combined 26.657 million bpd in November, up by 104,000 bpd from October's production ...

OPEC has revised ... increase the oil supply from April as planned. OPEC+ does not appear to believe the forecast, otherwise the decision to further postpone the planned production increases ...

Opec has made a “minor” cut to its global oil demand growth forecast for this year and next, the fifth consecutive monthly downgrade. The producer group revised its global oil demand growth ...