​OPEC is now forecasting that demand for oil will grow more slowly than it had previously expected for the rest of this year ...
June Non-OPEC oil production increased by 106 kb/d to 52,549 kb/d. The largest increases came from Canada and Brazil while ...
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices declined more than 2% on Monday, wiping out all of last week's gains, as ...
Saudi Arabia has signaled that is is ready to flood the market with oil if OPEC doesn't commit to curbing supply. That bodes ...
Iraqi’s semi-autonomous region of Kurdistan has cut its oil production by half upon request from Baghdad, as the ...
Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the ...
Israel and Iran are fighting at a time when prices are under pressure because of weak demand in China and concerns about ...
DUSHANBE. Oct 11 (Interfax) - The OPEC Fund for International Development or OPEC Fund has signed an agreement with Tajikistan on providing the first $25 million to build the Rogun hydropower plant ...