OPEC secretary-general takes aim at net-zero targets calling them ‘detached from reality’ By Lauren Krugel The Canadian Press Posted June 10, 2025 3:42 pm Updated June 10, 2025 7:20 pm ...

In total, OPEC pumped 26.75 million bpd last month, up 150,000 bpd from April’s level. The largest increase came from Saudi Arabia, which boosted output by 130,000 bpd.

OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to compensate for earlier overproduction and Saudi Arabia and the United Arab ...

The OPEC forecast for annual change in US tight oil output has been revised from last month’s MOMR, with 2024 higher by 10 kb/d, 2025 is 34 kb/d lower, and 2026 is 73 kb/d lower.

OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement which had a large output hike planned for last month. All 12 OPEC members produced 26.75 million barrels ...

OPEC head lashes out at net-zero targets, tells Calgary audience oil demand will keep growing Criticizes IEA prediction of peak demand by 2030 in keynote speech at the Global Energy Show Canada By ...

OPEC said on Monday it expected the global economy to remain resilient in the second half of this year despite concerns about trade conflicts and trimmed its forecast for growth in oil supply from ...

The OPEC Fund For International Development has pledged to provide more than $1bn in funding to Africa and developing countries elsewhere as part of a broader $2bn pledge by Arab nations over the next ...

“In a possible sign that the unwinding of OPEC+ production cuts could increase seaborne volumes, the combined crude tanker loadings of OPEC countries has jumped 24% week-on-week to 2.281 million ...

Last month, following a collapse in the price of Brent crude to a four-year low, Saudi Arabia and its OPEC-plus partners announced their second consecutive monthly supply hike.

US Senator investigates GSK for pulling children's asthma inhaler Legal · June 27, 2025 · 6:11 AM PDT · 9 hours ago Democratic U.S. Senator Maggie Hassan said on Friday she is launching an ...

The Organization of Petroleum Exporting Countries takes climate change "very, very seriously," said Haitham al-Ghais, while expressing concern over climate targets he called "unrealistic." ...