OPEC criticizes the IEA's inconsistent messages regarding oil and gas investment, highlighting a recent "U-turn" from ...

IEA projects global oil supply to exceed demand by 1 million b/d in 2025 due to trade tensions and OPEC+ cuts.

Saudi Arabia's crude oil shipments to its biggest customer, China, are expected to drop to their lowest level in more than a ...

OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact of their crude oil production cuts on the global market.

According to the latest OPEC report, the collective output of OPEC+, which includes OPEC members, Russia and other allies, ...

Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening ...

Record 2024 exit volumes of 41,908 boe/d(2) and Q4/24 production of 41,051 boe/d (82% oil and liquids)Adjusted Funds Flow(1) of $2.10/share or ...

The expected improvement is attributed to Kuwait’s gradual increase in its OPEC Plus share, scheduled to begin in April ...

Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...

S&P Global Commodity Insights estimates that the average break-even price for US shale producers this year is $45 per barrel ...