Saudi Arabia is expected to burn more crude oil for power generation this summer than last as it ramps up output after OPEC+ ...

The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

President Trump and OPEC both want increased oil production, but there could be a solution to their difference on opinion on ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...

The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.

Nigeria averaged a crude oil production output of 1.468mbpd in the first quarter of 2025, much lower than the 2mbpd ...

The oil cartel OPEC and its allies, collectively known as OPEC+ ... the de facto leader of OPEC+, could urge the group to ...

Lower fuel costs could create savings for consumers, but economic threats posed by tariffs still a concern, a local economist said.