The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after August.

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...

Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...