OPEC has replaced the EIA with Kpler, OilX, and ESAI as secondary sources for assessing crude oil production and compliance with output cuts. This decision comes after OPEC previously dropped the ...

OECD Commercial petroleum stocks remain near the bottom of the 5 year range from 2019 to 2023. OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World ...

Arising from its 58th Meeting of the Joint Ministerial Monitoring Committee No 1/2025 via videoconference yesterday, the Organization of Petroleum Exporting Countries (OPEC) promised to monitor ...

According to them, OPEC must have done its research about the refinery and the positive influence it would have in the nation’s petroleum market, considering how it has lowered the prices of ...

OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria. Iranian oil production has been impacted by US sanctions. The JMMC reaffirmed the current OPEC+ ...

Iranian president calls for solidarity from OPEC Iran says unilateral sanctions on oil would destabilise market OPEC secretary general visits Iran, OPEC says on X DUBAI, Feb 5 (Reuters ...

LONDON, Feb 5 (Reuters) - OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from the United Arab Emirates ...

Iran’s President Masoud Pezeshkian urged OPEC members to unite against possible US sanctions on the major oil producer after US President Donald Trump said he would seek to drive Tehran’s oil ...

トランプ米大統領は供給増加を要求、延期なら応じない格好に OPECプラス内で意見分かれる、ロシア副首相は延期を否定 ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Opec will stop using the US Energy Information Administration (EIA) to independently monitor its members ...

“The OPEC quota does not include condensate. The target we’ve set for ourselves is a combination of condensate and crude,” she said in an interview at an energy conference in Dar es ...

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor production adjustment aimed at maintaining stability in the global oil market.