The group of oil-rich countries raised its forecast for next year’s demand growth driven in part by the need to replenish oil ...

Discover the surprising dynamics of global crude oil production, highlighting the roles of non-OPEC countries like the US, ...

Oct 13 - OPEC on Tuesday raised its forecast for world oil demand growth in 2027, citing the need for the world to rebuild ...

OPEC 12 output increased by 346 kb/d from July 2026 to August 2026, with the largest increases from Iraq (664 kb/d), UAE (54 kb/d), and Kuwait (49 kb/d).

African oil producer Equatorial Guinea will next week pass a new package of favorable terms for oil explorers, with the ...

Saudi Arabia reported to OPEC that its crude production jumped by a third last month, recovering from the lowest in more than ...

Global oil consumption is projected to reach 108.2 million barrels per day next year, led by stronger non-OECD demand ...

Nigeria’s total daily average production of crude oil and condensate rose to 1,717,030 barrels per day (bpd) in September 2026, marking a 2.34 per cent increase from August levels, as the country ...

Sanaz Sohrabi’s feature-length documentary “An Incomplete Calendar” uses archival materials to reframe the oil cartel as an ...

U.S. and international crude oil futures skidded to their lowest levels in more than a year after the influential oil ...

OPEC projects 2027 oil demand at 108.2 mb/d, led by India and non-OECD Asia, with growth despite 2026 steady gains.

OPEC just put a very large number on next year’s oil market: global demand growth of 2.6 million barrels per day in 2027, after growth of just 200,000 bpd this year.