Oil prices are rising, even as production ramps up. Gold, on the other hand, is cooling off - not because of collapsing fundamentals, but thanks to a surprising wave of optimism. It’s the kind of ...

Caspian Pipeline Consortium has been handling increased output from Chevron-operated Tengizchevroil since the start of this ...

MOSCOW, May 14. /TASS/. Oil production by the eight OPEC+ countries, which voluntarily reduce oil production, totaled 30.807 million barrels per day (bpd) in April, which is 475,000 bpd above the ...

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

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...

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 ...

Kazakhstan's oil production fell 3% from March to 1.82 million barrels per day (bpd) in April, but was again above the ...

Oil futures climbed to a three-week high after both nations agreed to reduce most of the tariffs they had imposed during ...

Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...

And data shows that, lately, not everyone has been, especially Kazakhstan and Iraq. And this is a very common source of ...

Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...

Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...