The UAE and the Brics nations have been experiencing robust trade growth over the past years. In 2024, they shared non-oil ...

MIAMI -- Tropical Storm Chantal formed off the southeast U.S. coast and was forecast Saturday to bring heavy rain to parts of the Carolinas. Tropical storm warnings were issued for portions of the two ...

The eight OPEC+ countries, namely Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria and Oman, ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...

Crude futures settled lower. The market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

OPEC+ countries, most of whom have assured their tacit support to Tehran in the Israel-Iran war, hold some influence on the ...

December 2026 production was revised down by 165 kb/d from the last report to 41,177 kb/d. Non-OPEC Oil Countries Ranked by Production Listed above are the World’s 11 largest Non-OPEC producers.

Several countries come under the OPEC+ banner, OPEC’s site shows. These include Russia, Kazakhstan, Azerbaijan, and Mexico, the site highlights.

From December 2023 to December 2026, oil production in Non-OPEC countries is expected to increase by 610 kb/d. October’s Non-OPEC W/O US oil production rose by 211 kb/d to 39,449 kb/d.

The JMMC reviewed the crude oil production data for the months of November and December 2024 and noted the high overall conformity for OPEC and non-OPEC countries participating in the Declaration ...