OPEC and Saudi spare oil production capacity
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S. official said on Tuesday.
OPEC’s Oil Production Continued to Decline in January
OPEC oil production declined in January, primarily due to lower output from Iran and Nigeria, despite the JMMC reaffirming the current production cut agreement.
Will Trump's Calls For OPEC To Lower Oil Prices Work?
Trump is pressuring Saudi Arabia and other OPEC members to expand oil production in order to lower prices. TD Securities' Bart Melek discusses why prices are likely to climb despite this.
OPEC+ Can Appease Trump Even While Defying Him on Production
US President Donald Trump and Saudi Crown Prince Mohammed bin Salman during a March 2018 meeting at the White House. At the start of his second term, Trump called on OPEC+ to lower oil prices.
Opec sticks to production plan despite Trump pressure
The Opec+ alliance has stuck to its production policy amid pressure from US President Donald Trump to lower crude prices by boosting output. “The members of the JMMC [Joint Ministerial Monitoring Committee] reaffirmed their commitment to the DoC (Declaration of Co-operation),
OPEC+ likely to stick to oil output hike plan, sources say
OPEC+ is likely to adhere to current plans to raise output gradually from April when a panel of top ministers meets on Monday, delegates from the producer group told Reuters, despite U.S. President Donald Trump urging OPEC to lower prices.
OPEC+ Sticks to Supply Plan Even as Trump Seeks Oil Price Cut
OPEC+ didn’t make any changes to its existing oil-production plans at a review meeting on Monday, even as President Donald Trump called on the group to lower crude prices.
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Nigeria, Iran cause OPEC's January crude oil production drop
Despite Nigeria's plans to increase crude production, it has seen a major decline in daily crude production in January 2025, ...
OPEC oil output falls for second month in January on Nigeria, Iran, survey finds
OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset ...
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A New Oil Cycle Begins And Sanctions, Shale, and OPEC Set the Stage
If demand rises with greater strength than expected in 2025, the oil price rally could be even more significant.
US and international oil producers are pushing back on the Trump administration's plan to pump more crude
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
OPEC oil production dips in January as Nigeria and Iran output falls
The Organization of the Petroleum Exporting Countries (OPEC) saw a decrease in oil output for the second consecutive month in January, according to a recent Reuters survey. A decline in exports from ...
Trump’s "Drill, Baby, Drill" Pledge Will Not Save Oil
There is no doubt there will be an impact of the second Trump presidency on the energy transition, but it is unlikely to have ...
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OPEC+ reaffirms commitment to monitor production adjustment for oil market stability
The Organisation of Petroleum Exporting Countries (OPEC) and allies, known as OPEC+, have reaffirmed commitments to monitor ...
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OPEC Monthly Output Down Following Fire at Iraqi Oil Field
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.
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Oil Traders Expect OPEC+ to Stick With Supply Plan Next Week
Oil traders expect OPEC+ to stick with its current supply policy at a review meeting next week, resisting pressure from ...
Bad news for Donald Trump: Neither OPEC nor U.S shale producers are interested in increasing oil supply despite his pledge to bring down prices
US president Donald Trump’s pledge to lower gas prices has faced challenges as both US and international oil producers are ...