Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

Libya needs between $3 billion and $4 billion to reach an oil production rate of 1.6 million barrels per day (bpd), the ...

OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier ...

Helima Croft, global head of commodity strategy at RBC Capital Markets, and Fred Kempe, president and CEO of Atlantic Council ...

Occidental Petroleum is poised for long-term growth and potential outperformance in 2025 due to stricter oil sanctions. Read ...

World oil production decreased by 1,014 kb/d in September to 80,795 kb/d. The largest decreases came from Libya, 350 kb/d, ...

The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable ...

Global oil markets will face a widening glut in 2026 as OPEC brings back production and output from the US, Canada and Guyana ...

The food crisis was largely a result of the sharp hike in the price of crude oil in 1973, as a consequence of the combined actions taken by the Organization of Petroleum Exporting Countries or OPEC.

OPEC has reiterated its earlier forecast that global oil demand will expand at a robust clip at 1.4 mb/d in 2025, largely ...

Geopolitics and the foreign and trade policy choices of the new U.S. administration will impact the world order and economy, ...

OPEC's share of India's oil imports rose for the first time in nine years, signaling a shift in the country's sourcing ...