A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...

U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.

Donald Trump has a long history of criticising OPEC for high energy costs, which continued shortly after his inauguration. He ...

Scott Sheffield, the former CEO of Pioneer Natural Resources, is a hero of the Texas oil industry. But the U.S. government ...

"Today, Trump is focusing on OPEC; yesterday, it was sanctioning Russia; the day before it was on Canadian and Mexican tariffs," Smith said. "We remain in a time of heightened uncertainty, where oil ...

Here’s a look at crude oil reserves and production around the world. Facts Crude oil is a form of liquid petroleum, extracted from rock formations and used for fuel and other purposes. Members of the ...

Large field in central Iraq Estimated output of 5,000bpd Pressure to comply with Opec Iraq has announced the discovery of a massive oil field expected to significantly increase the ...

New Delhi: India’s oil product demand rose by 419,000 barrels per day (tb/d) in November 2024, marking a 7.9% year-on-year increase, as diesel, gasoline, and LPG consumption drove growth, according to ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped marginally to 1.485 million barrels per day (bpd) in December 2024. In its ...

Yesterday both the IEA and OPEC released their monthly oil market report, ING’s commodity analyst Warren Patterson and Ewa Manthey note. “The IEA warned of potential supply disruptions ...

This is notably lower than OPEC's more optimistic projection of 1.4 million b/d growth for 2025. "While it is too early to fully quantify the potential impact from these new measures, some operators ...

Oil prices climbed above $81 per barrel yesterday, following the release of the latest Monthly Oil Market Report (MOMR) by the Organisation of Petroleum Exporting Countries (OPEC) and projections ...