The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

January WTI crude oil (CLF26) today is down -1.27 (-2.17%), and January RBOB gasoline (RBF26) is down -0.0342 (-1.92%). Crude ...

By end-2025, global proven oil reserves are projected to reach 1,773 billion bbl, up from 2024, based on the preliminary ...

The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves.

January WTI crude oil (CLF26) on Thursday closed down -0.78 (-1.34%), and January RBOB gasoline (RBF26) closed down -0.0232 ( ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

LONDON, Dec 11 (Reuters) - World ‌oil ​supply will match ‌demand closely in 2026, OPEC data published on ​Thursday indicated, ...

Global oil consumption reached an all-time high in 2024, driven primarily by non-OECD countries, with the U.S. remaining the largest consumer. The U.S. continues to lead the world in total oil ...

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. The World’s May oil production decreased by 6 kb/d to 83 ...

Oil production in the Permian basin is poised to peak in December, a watershed moment for the U.S. shale boom that upended ...

Major oil producers meet this weekend to decide on August production levels Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than ...

Global supply is set to grow by 2.1m b/d next year, while demand looks to be more modest at around 800k b/d. Read more here.