Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...

World crude oil and condensate (C+C) production increased by 524,000 barrels per day in February 2023, reaching a post-pandemic high. OPEC+ produced 58% of world oil C+C production in February ...

Here is another troubling and inconvenient fact: World oil production —using the proper definition which the EIA follows of crude oil including lease condensate—peaked in November 2018 at 84. ...

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

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

Explore the 2025 global oil trends in demand, production, and market dynamics. Key insights from the Energy Institute's ...

According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the ...

U.S. oil and gas production is increasing ... "The fact is we have nearly 100,000 producing wells in the United States of current ... "What we know is that America is the leader in the world in ...

Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...

As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil industry, and Republicans argue he’s already doing that.

LONDON/DUBAI, June 2 (Reuters) - OPEC+ agreed on Sunday to extend most of its deep oil output cuts well into 2025 as the group seeks to shore up the market amid tepid demand growth, high interest ...

As the year comes to a close, gas prices in the U.S are at their lowest point of 2023. And not coincidentally, domestic oil production is at a record level. But it comes at a time when the U.S. is ...