News

OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
that has an interest in raising production to accommodate the added output from oil and gas investments by international companies. Kazakhstan produced about 400,000 barrels a day above its OPEC ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...
Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...
The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC oil-producing countries. World oil production decreased by 231 kb/d in ...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday said the country’s crude oil production hit 99 per cent of the Organization of Petroleum Exporting Countries (OPEC ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...