News

Kuwait Production: 2.91 million barrels per dayLast on this list of the top 10 oil-producing countries is Kuwait, which produced 2.91 million barrels per day in 2023.
In recent years, the global oil market has been impacted significantly by COVID-19 disruptions, price wars between oil-producing nations, Russia's war in Ukraine and the conflicts in the Middle ...
Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...
Oil-Producing-Countries News: Additional Sanctions Possible For Russian Oil Tankers, Improved Security Lifts Nigeria's Oil Output, Euronav's Loss Deepens As. Tuesday, June 10, 2025.
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries that have repeatedly delayed production increases will now move ...
VIENNA: Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed ...
OPEC+'s "adjustment" of 411,000 barrels per day for May - increasing oil output by three times more than previously planned for that month - helped pull U.S. benchmark oil prices (CL.1) down to ...
Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen as the initial, alarming sign of looming turmoil.
Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and ...