Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil production and economic growth outlook for 2025 and 2026.The cartel said it ...

Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...

Nigeria’s average daily crude oil production has fallen again below the quota allocated by the Organisation of the Petroleum Exporting Countries.Oil production figures released by the Nigerian ...

Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...

A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...

Libya has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National ...

Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...

Libya's Mabruk Oil Operations has resumed production at the Mabruk oilfield after a decade-long shutdown, the Tripoli-based Government of National Unity (GNU) said in a statement on Wednesday.

Nigeria exceeded its OPEC+ oil production quota in February due to increased exports and demand from the Dangote refinery, ...

The federal government has revealed plans to double its economy in 2025, anchored on increased oil production and more involvement of ...

Members of the Organization of Petroleum Exporting Countries will revive oil production in April, committing to a deadline energy experts assumed was headed for a delay. The coalition and allies ...