Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...

With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...

Brazil's government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signalling the country's ...

Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...

OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel ...

The cartel stuck to its oil-demand forecast after reaffirming plans to gradually hike output from April, but said Trump’s ...

Decisions from oil producer group OPEC+ take a long-term view of the global markets and are aimed at providing market ...

Brazil has taken a significant step in the global oil industry by joining OPEC+, a group of major oil-exporting nations.The decision, approved by the government on Tuesday, highlights the country’s ...

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

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

World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased ...