Every headline mentioning OPEC from OilPrice.com and CNBC over the last 30 days, each scored for sentiment and importance. Updated automatically through the trading day.
Nigeria’s crude oil output averaged 1.51 million barrels per day (bpd) in October as OPEC’s biggest African producer pumped to its quota for the sixth consecutive month, data from the Nigerian Upstream Petroleum Regulatory Commission…
Saudi Arabia told OPEC it raised crude production in October to 10.563 million barrels per day, back near pre-war levels and slightly above its OPEC quota of about 10.5 million bpd, Bloomberg columnist Javier Blas reported on Wednesday.…
U.S. imports of Iraqi crude oil have slumped this year to a multi-decade low, EIA data show, as the Strait of Hormuz crisis has choked international shipments from OPEC’s second-largest oil producer. U.S. imports have markedly dipped…
Iraq's campaign for a larger OPEC production allocation has taken a complicated turn after Oil Minister Basim Mohammed Khudair said the country is already producing more than 5 million barrels per day, more than half a million barrels…
Iraq has boosted its crude oil exports via the Turkish Mediterranean port Ceyhan to 500,000 barrels per day (bpd), as OPEC’s second-largest producer has started trucking Basrah crude to the pipeline system to the north. Iraq has hiked…
While Gulf members have been boosting exports disrupted for months by the conflict, most are still pumping well below their targets.
Sunday's online meeting of seven core OPEC+ members comes as Gulf members have been boosting exports disrupted for months by the war with Iran.
Equatorial Guinea will approve a new hydrocarbon law on Monday after crude production collapsed to just 20,000 barrels per day in September, down from roughly 140,000 bpd in 2020. The 120,000-bpd loss has reduced OPEC’s smallest…