Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

DUBAI, 11th February, 2025 (WAM) -- Haitham Al Ghais, Secretary-General of OPEC, said that investment needs in the oil sector will remain substantial to reliably meet the expected growth in oil demand ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

After having a stellar start to the year, oil prices have slipped again as US President Donald Trump called on the world’s ...

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

Saudi Arabia's energy minister and several of his OPEC+ counterparts held talks following Trump’s call to lower oil prices, ...

The OPEC Fund contributed $25 million from its own resources as the A-lender and mobilized an additional $25 million B-loan ...

Crude oil price rallied to a 12-week high on Monday amid renewed hopes over the commodity’s demand in the new year. While it ...

Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members’ production levels, ...

OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.