OPEC estimates that there will be an oil surplus of 20,000 bpd in 2026, which contrasts with the deficit forecast in previous ...

BAKU, Azerbaijan, November 17. Kazakhstan’s crude oil production averaged about 1.707 million barrels per day (b/d) in ...

Rystad Energy predicts that cheap, cost-competitive oil from offshore Brazil, Guyana, Suriname, and Argentina’s Vaca Muerta ...

Dangote Cement pledges full CNG-powered fleet by 2026, investing in cleaner energy and sustainability to achieve 29% ...

The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first quarter of 2026, following a modest increase in December, as part of an effort to avoid a glut of crude.

Crude oil futures edged lower for a second straight session on Monday with the boost from last week’s Russia sanctions losing steam, as reports said OPEC+ is leaning towards making another modest ...

The International Atomic Energy Agency (IAEA) and the OPEC Fund for International Development (OPEC Fund) have strengthened their partnership through a new Memorandum of Understanding (MoU) signed ...

'We ... expect OPEC to implement cuts to avoid a large increase in inventories in Q1-26', SEB Chief Commodities Analyst Bjarne Schieldrop said. Image by William ...

Oct 15 (Reuters) - The Organization of the Petroleum Exporting Countries (OPEC) is moving to appoint "one of the top consultants" to visit member states and assess their production capacity in the ...

Khalil Mack injury return timeline updates are officially a go for the Los Angeles Chargers. Mack suffered an elbow injury during a Week 2 win over the Las Vegas Raiders and went to injured reserve.

OPEC has kept its global oil demand growth forecasts unchanged for 2025 and 2026, expecting continued robust economic growth to drive demand. The cartel anticipates global oil demand to reach an ...