Tough US sanctions on Russian oil are allowing the biggest Middle Eastern producers to raise prices for their main market by ...

Iran's oil minister said imposing unilateral sanctions on crude producers would destabilise energy markets, the ministry's ...

OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming ...

If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.

The Organisation of the Petroleum Exporting Countries’ crude production dipped for a second consecutive month in January as a drop in exports from Nigeria and Iran affected crude outputs.

Standard Chartered has argued that Trump is unlikely to get his wish to force OPEC to cut the oil price, nting that ..

Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...

OIL companies on Tuesday lowered the prices of gasoline and diesel by 10 centavos per liter and kerosene by 30 centavos.

Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...

"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...

This means the government produced 1.42m barrels from 1.484m barrels in December. OPEC oil production dipped in December – Report OPEC appoints Nigeria's Adeyemi-Bero board of governors ...