Latest News for: Opec

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OPEC: Nigeria’s Oil Output Rose to 1.459m bpd in January, Up 37,000 Barrels Daily

This Day 12 Feb 2026
Production improved in 2025 to an annual average of 1.453 million bpd, according to OPEC, reflecting gradual recovery efforts in the upstream sector. However, OPEC’s calculation is based on only oil production and not condensate output.
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OPEC crude oil production down 135,000 barrels per day in January

Anadolu Agency 11 Feb 2026
Total crude production by the OPEC+ alliance, comprising OPEC members and some major non-OPEC producers, fell by 439,000 bpd to 42.45 million bpd during the same period ... OPEC kept its global oil demand ...
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Urgent: OPEC maintains oil demand forecasts for 2026, 2027

Xinhua 11 Feb 2026
OPEC maintains oil demand forecasts for 2026, 2027.
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OPEC Says Oil Production Declined Last Month

Rigzone 11 Feb 2026
OPEC+ oil production declined sharply last month amid losses in Kazakhstan, Venezuela and Iran, the group said ... .
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OPEC Holds Oil-Demand Forecast Steady, Says Production Fell in January

Wall Street Journal 11 Feb 2026
Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and improving global trade ... .
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Nigeria misses OPEC oil production quota for sixth straight month

Business Day Online 11 Feb 2026
Nigeria has failed to meet its assigned oil production quota for the sixth consecutive time in January 2026, according to. read more Nigeria misses OPEC oil production quota for sixth straight month ....
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OPEC maintains oil demand forecasts for 2026, 2027

Xinhua 11 Feb 2026
In its February monthly oil market report, OPEC ... OPEC maintains oil demand forecasts for 2026, 2027.
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2nd LD Writethru: OPEC maintains oil demand forecasts for 2026, 2027

China.dot.org 11 Feb 2026
11 (Xinhua) -- The Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday that it is maintaining its previous forecasts for global oil demand growth in 2026 and 2027.
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Opec+ decision signals stable fuel prices for consumers as oil stays elevated

Khaleejtimes 09 Feb 2026
Market participants say the decision signals Opec+’s determination to prevent excessive volatility while ensuring that prices remain supported at levels comfortable for major producers ... Opec’s own ...
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Oil Prices Tumble 5% as Diplomatic Thaw and OPEC+ Restraint Chill Energy Markets

The Call 09 Feb 2026
a significant diplomatic de-escalation between the United States and Iran and a strategic decision by the OPEC+ alliance to pause planned production hikes through March ... Adding to the downward pressure was a pivotal meeting of OPEC+ leadership.
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