Global energy outlooks from OPEC, IEA, and EIA reveal a clear shift toward oil oversupply through 2025-2026, driven by strong ...

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 ...

KUWAIT CITY • OPEC members and non-cartel nations are leaving open the possibility of a six-month extension on a deal to reduce oil production, according to a statement Sunday by a committee of ...

The World’s July oil production increased by 428 kb/d to 84,726 kb/d, green graph, a new World Peak Oil All-Time High. Last ...

Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the ...

Oil production in October slipped by 73,000 bpd to 43.02 million barrels per day. ・OPEC reaffirmed its forecast of global oil demand growth of 1.3 million barrels per day this year. ・OPEC trimmed ...

Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by 137,000 barrels a day for the third straight month. They're increasing ...

The oil demand outlook for 2026 was also lowered by 150,000 bpd to 1.3 mln bpd due to the effect of US tariffs MOSCOW, April 14. /TASS/. The Organization of Petroleum Exporting Countries (OPEC) ...