Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

Opec expects 800,000 bpd outside the group Prices unsettled Exploration investment set to fall Opec on Wednesday trimmed its forecast for growth in oil supply from the United States and ...

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

Crude oil prices rally nearly 3% as traders weigh improved demand outlook against rising OPEC supply. Can bulls break above ...

Stocks were back in the black for 2025, with gloom over the trade war giving way to optimism about potential deals and U.S. economic resilience. The Organization of the Petroleum Exporting Countries ...

Clarksons VLCC fleet weighted average has fallen 17.5% over the last week to $45,600 per day, while the suezmax assessment ...

At the same time, OPEC has revised downward its forecast for oil supply growth from non-OPEC+ countries in 2025 and 2026 by 0.1 mln bpd, lowering it to 0.8 mln bpd. In absolute terms, supply from ...

MOSCOW, May 14. /TASS/. OPEC+ countries participating in the agreement on crude output reduction slashed production by 27,000 barrels per day (bpd) in April 2025, with output being 68,000 bpd below ...

The IMF will release $1.3 billion to Bangladesh in June after a fourth review of its $4.7-billion loan program.

Crude stocks were up by 4.3 million barrels in the week ended May 9, market sources said, citing American Petroleum Institute ...

Chip designer Advanced Micro Devices said on Wednesday its board has approved a new $6 billion share buyback program, ...

Supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 800,000 barrels ...