Opec-plus’ crude average production averaged 40.81 million b/d, a decline of 1.18 million b/d compared with 2023.

The village of Copanca is situated just several miles across the de facto border from Moldova’s separatist pro-Russian ...

Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened while data showing an unexpected increase in ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...

Following the overthrow of former Syrian President Bashar Al-Assad, calls are mounting to revive a defunct pipeline that once ...

(MENAFN- Caribbean News Global) VIENNA, Austria – The final two months of 2024 saw a number of important events take place for OPEC Member Countries and non-OPEC countries participating in the ...

Indonesia supports proposals for a cut in oil production by the Organization of Petroleum Exporting Countries (OPEC), Energy Minister Purnomo Yusgiantoro said Wednesday. "We are certainly more ...

The groups, on the instant messaging service Telegram, have as many as 70,000 members who mostly communicate with one another in English and appear to come from a variety of countries. Users ...

Iran, Kuwait and Libya called on fellow OPEC members on December 18th to reduce production at the group’s next formal gathering in order to correct the current supply imbalance. Iran’s OPEC ...

Vienna-based OPEC didn’t respond to a request for comment. A further rise in U.S. output would hinder plans by the Organization of the Petroleum Exporting Countries and allies such as Russia to start ...

Since that figure was announced, there has been a major shift in OPEC+ production policy that will see members’ output ... of Petroleum Exporting Countries and its allies, Kazakhstan should ...