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OPEC+ July Oil Output Was Lower Than 411,000 Bpd Planned Hike

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

OPEC Plus Will Increase Oil Output

Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...

OPEC predicts tight Oil market – Commerzbank

"However, OPEC's demand forecast is very optimistic, with expected increases of 1.3 million and 1.4 million barrels per day ...

OPEC+ countries to boost oil production by 547,000 barrels per day

A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...

Angola seeks gas growth as oil output flatlines despite OPEC exit

Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the ...
InvestorsHub on MSN1h

IEA Forecasts Stronger-Than-Expected Global Oil Supply in 2025

Global oil production is projected to expand more than anticipated in 2025, according to the International Energy Agency (IEA ...
Legit.ng on MSN3d

Nigeria surpasses OPEC oil quota for second consecutive month

Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...

Global oil market looks ‘bloated’ amid lackluster demand from major economies

World oil supply will rise more rapidly than expected this year and next as OPEC+ members further increase output and supply ...