OPEC regains share in India as Russian oil imports slump in December

India's Russian oil imports ​fell to their lowest level in two years in December, as Western sanctions pushed refiners to ‌tap alternatives, lifting OPEC's share of imports to an 11-month high, trade data showed.
Business Day

Nigeria’s crude oil output slips to 1.42mbpd in December, misses OPEC quota again

Nigeria’s crude oil production edged lower to 1.422 million bpd in December 2025, from 1.436 million bpd in November, according to

OPEC’s first look at 2027 points to steady oil-demand growth

The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.
China Daily

OPEC forcasts higher global oil demand in 2027

VIENNA -- The Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday that the global oil demand for 2027 is estimated to be 107.86 million barrels per day (bpd), higher than the level of 2026.
The Week

Why OPEC countries are unlikely to hike oil output despite US plan to take over Venezuela’s oil

OPEC countries are likely to maintain its current production policy despite US involvement in Venezuela's oil, one of its founding members
The Edge Singapore

Opec held supply flat last month as Venezuela output fell, survey shows

Opec’s crude production held steady in December as a slump in Venezuela’s output to the lowest in two years was offset by increases in Iraq and some other members, a Bloomberg survey showed.

In first look at 2027, OPEC forecasts ongoing oil demand growth

OPEC on Wednesday said world oil demand would rise at a similar pace in 2027 as this year and published data indicating a near balance between supply and demand in 2026, contrasting with other forecasts of a major glut.

Record September World Oil Production

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. Read more here.
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