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

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

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member's maximum ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

Russian oil production edged up in November to 9.367 million barrels per day, up 10,000 bpd from October, after the OPEC+ ...

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

NEW YORK — Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices this year.

Oil-on-water levels hit an all-time high last week as Opec declines to continue with production hikes For ads that aren’t ...

OPEC-Plus’s plan to hike production by 411,000 barrels of oil per day in July comes after its recent daily increases totaling 530,000 barrels for the purpose of curbing American production and giving ...

Eight OPEC countries met virtually on November 30 'to review global market conditions and outlook', a statement posted on OPEC's site highlighted.

January WTI crude oil (CLF26) on Friday closed down -0.16 (-0.28%), and January RBOB gasoline (RBF26) closed down -0.0077 (-0 ...