World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...

Oil prices slid more than 3% before paring losses on Thursday after President Trump hinted that the US was nearing a nuclear ...

There a fundamental contradiction in the Trump administration’s energy policy. It wants a boom in US oil production but it also wants lower prices. There’s conflict between those ambitions.

OPEC nations made a careful start to their long-awaited oil production revival in April, ahead of the group's plans for a ...

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

The Organization of the Petroleum Exporting Countries (OPEC) has maintained its global oil demand growth forecast for 2025 at ...

While acknowledging that challenges still remain, Sodipo maintained that the sector is in a much better place than ...

Welcome to OET’s First Quarter 2025 Financial Results Presentation. We will begin shortly. Aristidis Alafouzos, CEO; and Iraklis Sbarounis, CFO of Okeanis Eco Tankers, will take you through the ...

Any kind of increase or decrease in the prices of ... Thus, global oil market shifts and OPEC production adjustments heavily influence prices in the region. While comparing with the last 10 ...

OPEC's decision to increase output also ... Additionally, OPEC+ nations have indicated plans to increase oil production, creating further pressure on oil prices. Concerns have also risen due ...

According to the IEA, the target production level for OPEC+ countries under the agreement stood at 33.78 mln bpd in April, while actual output reached 35.01 mln bpd ...