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The Organisation of Petroleum Exporting Countries (OPEC) says its research estimates a huge oil market deficit of 23 million ...

Additionally, the Organization of the Petroleum Exporting Countries (OPEC) and its allies such as Russia, known as OPEC+ will ...

SINGORE -Oil prices fell on Thursday after gaining 3% in the previous session as investors are wary higher U.S. tariffs may be reinstated, which could cause lower fuel demand, and as major producers ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.

Output for March 2025 was revised higher by 2 kb/d and April 2025 output was revised higher by 128 kb/d compared to last ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $66.08 per barrel, down from Wednesday’s close at $66.75. Brent Oil Exchange Rate (Brent crude) ...

The Organisation of the Petroleum Exporting Countries (OPEC) has projected a 23 million barrels per day oil supply shortfall by 2023 without upstream investments of up to $17.4 trillion. It said the ...

Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied and ...

The OPEC Fund For International Development has pledged to provide more than $1bn in funding to Africa and developing ...