Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

OPEC remains optimistic about oil demand growth through 2026, even as it warns of declining investment and slower supply growth from non-OPEC+ producers like the U.S.

Patterson-UTI faces margin pressure amid lower oil prices and OPEC+ risks. Click here to read why I am downgrading PTEN stock ...

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

Oil prices have begun rebounding amid signs of easing U.S.-China tensions and a surprise dip in U.S. inflation.

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

Oil supply from non-OPEC+ countries, including the US, is projected to increase by about 800,000 b/d in 2025, down from last ...

While the United States is still expected to drive supply growth, OPEC expects total oil output to rise by about 300,000 bpd this year. Last month, it forecast growth of 400,000 bpd. OPEC left its ...

LONDON (Reuters) - OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider OPEC+ group this year and said it expected lower ...