The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday said the country’s oil production rose to 1.48 ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to curb the flows and smaller drops ...

In France, petrol prices have been decreasing for some time, and with the price of crude oil at its lowest since February ...

Oil prices slumped on Monday after eight OPEC+ members announced a sharp increase in production, while Asian stocks treaded ...

Rigzone has contacted OPEC for comment on the SEB report, the Stratas report, Al Saifi’s comments, Chrysikos’ comments, and the research note sent by Kaneva. At the time of writing ...

On Thursday, Paknejad met with Russian Deputy Prime Minister Alexander Novak, Putin’s point man on relations with the Organization of the Petroleum Exporting Countries (OPEC). The meeting took ...

This potential rollback could stimulate global trade and lift oil demand. At the same time, OPEC’s latest compensation plan supports oil prices. Eight member countries, including Iraq and Russia ...

After years of cutting back, OPEC is now pressing forward with plans to gradually ease production quotas. Sources told Reuters on Wednesday that several member stated are looking to accelerate ...

(Bloomberg) -- Oil fell after a Reuters report that some OPEC+ members will seek an accelerated output increase overshadowed an optimistic turn in trade talks between the US and China. West Texas ...

Kazakhstan's energy minister told Reuters that his country will prioritize national interests over those of OPEC and its allies when deciding on oil output levels. The Energy Information ...

(Bloomberg) -- Oil fell after a Reuters report that some OPEC+ members will seek an accelerated output increase overshadowed an optimistic turn in trade talks between the US and China. West Texas ...

The OPEC Fund for International Development (OFID) yesterday signed a loan agreement to provide 96.10 million euro (equivalent to $100 million) in budgetary support to Bangladesh. The loan will be ...