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Kazakhstan surpassed its allocated oil production quota by 131,000 barrels per day (bpd) in March, citing weather conditions and heating…
As the world’s leading oil producer and consumer groups release their latest market forecasts, a stark contrast emerges, underscoring the…
Oil prices are witnessing a decline following the release of the monthly OPEC report, signaling the group’s vigilance in monitoring…
Industry executives and hedge fund managers assert that the OPEC+ coalition has reestablished its dominance over the oil market, wielding…
In a move anticipated by market watchers, OPEC+ has once again prolonged its oil production cuts this month. The decision,…
The roles of the US Federal Reserve and OPEC share parallels in navigating economic terrain akin to maneuvering a vehicle…
Oil prices soared to their highest levels in five months on Thursday, fueled by mounting concerns over escalating geopolitical tensions…
The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, held a top-level meeting of ministers on…
The oil and gas industry is grappling with subdued pricing and declining rig activity, leading to underperformance compared to the…
In the face of skepticism, OPEC and its allies, led by Russia, persisted with their additional oil production cuts last…
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