There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
Largest Producer of Petroleum Oil: Petroleum oil also called crude oil is one of the most powerful resources shaping the modern world. Petroleum oil is often called black gold. It fuels cars, ...
Brazil set a new production record in June 2025, lifting 4.9 million BOE/day, with crude output alone hitting 3.8 million barrels per day. Petrobras plans $111 billion in investments through 2029, ...
Saudi Arabia’s crude oil exports surged by 413,000 barrels per day (bpd) in August, to the highest level in six months, as the world’s top crude exporter and the OPEC+ group accelerated the reversal ...
The South American country increasingly at odds with the Trump administration has the world’s largest oil reserves. Note: Data shows estimates of proven oil reserves for 2025. Source: Oil & Gas ...
TAGANGA, Colombia – On Colombia's Caribbean coast, a fishing village lies in a cove where green hills meet the turquoise sea. A few years ago, oil companies found natural gas off the coast and now ...
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