News

World C+C production increased by 524,000 barrels per day in February to a post-pandemic high.
Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
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 in some areas and decreasing in others, but new limits on parts of the drilling process could cut output significantly in the coming years.
Meanwhile, the surprising reality is the United States is pumping oil at a blistering pace and is on track to produce more oil than any country has in history.
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 ...
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 ...
BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...
The move to curb output will likely push up already-high global energy prices and help oil-exporting Russia pay for its war in Ukraine.
With oil markets sagging, the world’s major producers agreed on Thursday to cut oil production by almost 700,000 barrels a day, less than 1 percent of global supplies, in an effort to prop up ...