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

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

Iran's President Masoud Pezeshkian urged OPEC members to unite against possible U.S. sanctions on the major oil producer, ...

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

Saul Kavonic of MST Marquee discusses how U.S. tariffs strengthen OPEC's hand. He believes the producer group will keep ...

Trump was speaking at the World Economic Forum in Davos when he said he was surprised that OPEC producers hadn’t taken care of oil prices before the U.S. election in November. “You gotta bring down ...

OPEC Fund arranges US$50 million syndicated loan facility to promote access to finance for Small and Medium-sized Enterprises (SMEs) in Paraguay ...

The OPEC Fund for International Development (the OPEC Fund) has arranged a syndicated loan with a US$50 million facility for ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.

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

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