The impact of Saudi Arabia in the oil market and its adherence to OPEC+ agreements is widely observed by industry professionals and governments all over the world. The open-handedness of the Kingdom ...

LONDON (Reuters) -An OPEC+ panel stressed the need for achieving full compliance with oil output agreements and extra output cuts that some members are required to make to compensate for earlier ...

The oil price has seen a strong recovery from 2016 lows and is currently more than 30 percent up from levels a year ago. OPEC said Tuesday oil producers have kept their promise to cut output in ...

The Organisation of the Petroleum Exporting Countries (OPEC) has confirmed overall compliance with crude oil production targets for November and December 2025 by its members and allied non-OPEC ...

Nigeria's crude oil production increased to 1.459 million barrels per day (bpd) in January 2026, strengthening the country's position as Africa's largest oil producer, despite output remaining below ...