Some non-OPEC countries such as United States and Canada are significant shale oil producers. Most non-OPEC countries have high consumption levels and, thus, limited capacity to export.

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

BofA has estimated that non-OPEC countries will account for around 70% of market share in the first quarter of 2025. These countries have gradually outpaced OPEC+ since 2017, data from the bank ...

From January 2025 to December 2026, oil production in Non-OPEC countries is expected to increase by 1,428 kb/d. January’s Non-OPEC W/O US oil production rose by 37 kb/d to 40,040 kb/d.

The Non-OPEC countries, excluding the US, added 848 kb/d to push output above the previous high of 39,391 kb/d which occurred in December 2018. It is 413 kb/d higher than the previous high due to ...

Eleven oil-producing countries, who are not members of the Opec oil cartel, have agreed to cut their output to boost prices. The group of states, which includes Russia, said on Saturday that they ...

VIENNA — OPEC has persuaded 11 non-member oil producers to cut production in an attempt to raise the low prices that have squeezed government finances in resource-dependent countries.

Crude oil prices were up on Monday, following word the Organization of the Petroleum Exporting Countries (OPEC) is predicting this year will see a higher-than-expected demand for oil produced by ...

OPEC is facing headwinds with rising production from rivals, the International Energy Agency said, the latest warning that OPEC’s efforts to take barrels out of the market could backfire.

OPEC said crude-oil output from rival producers is turning out to be stronger than expected and will result in a bigger glut of petroleum than previously believed this year and next..