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

Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new ...

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 ...

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 ...

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

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.

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straight ...

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 ...

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 ...