OPEC said on Wednesday that Saudi Arabia sharply increased oil production in February ahead of U.S. and Israeli strikes on ...
As the IEA plans a record oil reserve release during the Iran war, here is how global crude supply is shaped by producers ...
Producers' group reacts as the Middle East crisis threatens to fan a geopolitical risk driven oil price spike in a market ...
Russia’s crude output declined for a third consecutive month in February, underlining the impact of US sanctions and as Ukrainian drone strikes curb domestic oil-processing.
Nigeria's crude oil production fell to 1.31 million barrels per day (bpd) in February, according to the Organisation of Petroleum Exporting Countries (OPEC) data.
CNBC's Brian Sullivan reports from OPEC's biennial seminar in Vienna, Austria.
Oil jumps above $115 as Iran war disrupts Strait of Hormuz flows. Middle East output cuts deepen supply fears in global oil market. Energy surge raises inflation concerns across global economies.
The Punch on MSN
Domestic shortage worsens as crude output falls to 1.3mbpd
Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed to sustain operations.The ...
By Olesya Astakhova, Alex Lawler and Ahmad Ghaddar LONDON/MOSCOW, March 1 (Reuters) - OPEC+ agreed a modest oil output boost ...
OPEC maintained its forecasts for global oil demand growth for both the current and following years in its monthly report ...
The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would “closely monitor and assess market conditions.” ...
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