The meeting of Organization of the Petroleum Exporting Countries and allied producers (OPEC+) concluded with an agreement to maintain stable production in...
The Nigerian National Petroleum Corporation (NNPC) has, for the umpteenth time, pledged its commitment to bringing down the unit cost of oil...
Oil prices hit the highest level since early March after major producers agreed to a cautious increase in output that eased fears...
Oil slid as lingering tension among OPEC producers highlighted the uncertainty surrounding a delay to the group’s planned output increase. Futures declined...
By Ellen R. Wald (Bloomberg Opinion) — This week marks the 60th anniversary of OPEC, the cartel of major oil exporters that...
Russia produced more crude oil than Saudi Arabia in June, beating it to the second place of the largest oil producers in...
Venezuela—one of the world’s earliest and (at one time) largest oil producers, as well as a founding member of OPEC—could soon be...
Monthly Brent spot prices will average $41/bbl during the second half of 2020 and rise to an average of $50/bbl in 2021,...
Oil ministers of the Organization of Petroleum Exporting Countries (OPEC) and other oil-producing countries headed by Russia met via video conference June...
The Organisation of Petroleum Exporting Countries (OPEC) says crude oil sellers continued to heavily discount their unsold crude oil cargoes for April...