OPEC+ talks to focus on countries' maximum output capacity, to be used as reference for 2027 baselines. Read more.

Brent dropped toward $62 a barrel after rising 1% on Wednesday, while West Texas Intermediate was near $58. With US presidential envoy Steve Witkoff set to lead a delegation for talks in Russia next ...

Oil prices slightly decreased as traders closely monitor the upcoming US-led Ukraine peace talks and the OPEC+ meeting, both potentially impacting crude flows.

Eyebrows all over the world were raised when he said, “There is no price war” – after all, anyone with even a passing interest in the oil and gas industry over the past 25 months would disagree. But ...

The B737-200 aircraft (registration VT-EHH) had joined the Indian Airlines fleet in Sept 1982 before being leased to Alliance ...

OPEC’s secretary-general pushed back against reports of a 2026 oil surplus, insisting the market will remain balanced despite ...

BAGHDAD, Oct 27 (Reuters) - Iraq's total oil exports stand at 3.6 million barrels per day, Oil Minister Hayan Abdel-Ghani said on Monday, adding that a fire at Iraq's Zubair oilfield on Sunday did not ...

Nigeria’s average crude oil production rose marginally to 1.401 million barrels per day in October 2025, according to the ...

Both organisations cautioned against persistent underinvestment despite the expected long-term demand growth. The GECF Global ...

Nigeria’s crude oil production rose slightly to 1.401 million barrels per day (bpd) in October 2025, but still remained below its OPEC-assigned quota of about 1.5 million bpd, according to the latest ...