OPEC+ Countries Miss Production Targets by 140,000 Barrels

Vienna: OPEC+ countries, which had previously agreed to reduce oil production, failed to meet their production targets last month. In November 2025, these countries collectively reduced their daily oil production by 290,000 barrels, but still fell sho…

IEA Lowers Expectations for Global Oil Supply

Paris: The International Energy Agency (IEA) has reduced its forecast for the growth rate of average daily global oil supply for this year, APA-Economics reports this, citing the monthly report of the International Energy Agency.

According to Azeri-…