A statement posted on OPEC’s website last week highlighted that the “landmark” Declaration of Cooperation (DoC) between OPEC ...

Opec+ agreed to leave oil output levels unchanged for the first quarter of 2026 at its meetings yesterday as the group slows down its push to regain market share amid fears of a looming supply glut.

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

WTI settled below $62, down 14% this year as global supply growth and weak US jobs data weigh on demand outlook. Oil fell to the lowest since May ahead of a weekend OPEC+ meeting where Saudi Arabia ...

Oil prices climbed on Thursday, with WTI oil ending the day with an increase of roughly 1%, trading at $59.70 a barrel. The ...

The OPEC-Nigeria Bilateral Meeting that took place last week has sent yet another signal of the strong dialogue and cooperation between OPEC and Africa’s biggest producing country. African Energy ...