OPEC has rejected U.S. calls for increased oil production, stating that the cartel's decisions are based on market fundamentals and not political considerations.
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. OPEC production is covered in a separate post.
U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.
OPEC expected growth in 2025 is unchanged from last month’s report and the 2026 estimate for World liquids growth is the same ...
A worst-case scenario for the West would be if OPEC members embargo oil exports to the U.S. and its key allies.
OPEC decided ... to stick with its plan - to lift production by 120,000 barrels per day every month for 18 months starting ...
The Opec+ alliance has stuck to its production policy amid pressure from US President Donald Trump to lower crude prices by ...
OPEC forecast ... a widening oil surplus in its own first look at 2026 on Jan. 14. World markets will be oversupplied by 800,000 barrels a day next year, as OPEC+’s production restart coincides ...
OPEC+ agreed to stick to its policy of gradually raising oil output from April on Monday and removed the U.S. government's ...
Neither OPEC nor US shale firms appear willing to increase oil supply, despite President Trump's pledge to bring down energy ...
President Donald Trump has said he will ask Saudi Arabia and other Opec nations to "bring down the cost of oil" and doubled-down on his threat to use tariffs. In a speech to executives at the World ...