OPEC+ is likely at its meeting on Thursday to extend its latest round of oil output cuts until the end of the first quarter, four OPEC+ sources told Reuters, to provide additional support for the oil ...

THE Organisation of Petroleum Exporting Countries, OPEC, yesterday, said Nigeria’s oil output, excluding condensate, was 1.434 million barrels per day, bpd, in October 2024. This shows huge ...

Business Latest Updates Today (November 12): There is growing buzz around NTPC Green Energy's IPO papers. The public issue is a book-built offer worth Rs 10,000 crore, reports suggest. Meanwhile ...

"You could get down to $30 or $40 a barrel if OPEC unwound and didn't have any kind of real agreement to rein in production. They've seen their market share really dwindle through the years ...

(Reuters) - Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U ...

OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting China, India and other regions, marking the producer group’s fourth ...

MOSCOW, Nov 12 (Reuters) - Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of the Petroleum Exporting Countries (OPEC ...

OPEC cut its oil demand growth forecasts for this year and next for a fourth consecutive month as it belatedly recognized a slowdown in top consumer China. Global oil consumption will increase by ...

MOSCOW (Reuters) - Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on Tuesday, ...