Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...

Oil settled largely unchanged in choppy trade on Thursday, with global benchmark Brent closing below $70 a barrel under ...

Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between ...

Crude oil prices rebound but remain under $70 as rising U.S. inventories and OPEC+ output hikes pressure the oil outlook. U.S. crude stockpiles surged by 3.6M barrels, raising concerns over weak oil ...

Is the Organisation of the Petroleum Exporting Countries' (Opec) iron grip on the oil markets a thing of the past?

OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and ...

Nigeria’s oil production exceeded its OPEC quota of 1.5 million barrels per day (bpd) by 70,000 bpd in February, marking a ...

According to the survey, Organization of the Petroleum Exporting Countries oil output rose in February, as Iranian exports ...

The Brent crude benchmark sits at a six-month low below the $70 per barrel-mark. The OPEC+ cartel will increase its ...

Politics performs a giant function in shaping the dynamics of the oil marketplace, influencing delivery and demand, pricing mechanisms, and buying and selling techniques. As one of the most ...

Oil prices dropped to their lowest level since 2021 as tariff tensions contributed to economic uncertainty and on OPEC's ...

A surprise build-up in US crude inventories, trade war concerns and Opec+ potential output increase from April have together ...