News

OilPrice.com4h
OPEC Nudges Output Higher - But Markets Are Awaiting the Real Barrels
OPEC’s June oil production rose by 270,000 bpd, but weak compliance and inconsistent enforcement raise doubts about whether ...
Ship & Bunker20h
Oil Dips On OPEC Concerns, As China Data Is Also Reassessed
Oil prices dipped on Thursday as analysts weighed the implications of the U.S. tariffs set to be imposed only July 9, as well as the likelihood of the Organization of the Petroleum Exporting Countries ...
Nairametrics2d
OPEC warns of 23 million bpd oil shortfall globally by 2030 without $17.4 trillion investment
The Organisation of the Petroleum Exporting Countries (OPEC) has projected a potential shortfall of 23 million barrels per day (bpd) ...
Iraqi News3d
Iraq emerges as OPEC’s largest oil supplier to US in May
The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.
Oil Edges Down on Expectations of More OPEC+ Supply, Tariff Fears
If approved, this would bring OPEC+'s total supply increase for the year to 1.78 million bpd, equivalent to more than 1.5% of ...
Crude oil lacking bullish momentum as market looks at rising OPEC supply
Oil prices ticked down on Tuesday as prospects of more supply from OPEC and allies weighed on market sentiments.
‘Electricity is the new oil’: Expert anticipates oil prices to stay below US$70
Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...
Oil Prices Little Changed as Investors Look Ahead to OPEC+ Meeting
Price have been kept in check by expectations that the Organization of the Petroleum Exporting Countries and its allies including Russia, know as OPEC+, will boost its August crude oil output by an ...