World oil output without the US increased by 692 kb/d to 68,304 kb/d. November’s production is expected to increase by 238 kb ...

U.S. oil production is poised to set a larger record this year than prior estimates, the U.S. Energy Information ...

Crude oil futures climbed to a two-week high, as concerns over sanctions on Russian and Iranian oil supplies and rising ...

as we expect that global oil production will grow more than global oil demand," the agency said in its short-term energy outlook, published Tuesday. The agency sees global oil production growing ...

Decisions made by oil producer group OPEC take a long-term view of the global markets and are aimed at providing price stability, Secretary General Haitham Al Ghais said at the India Energy Week ...

In its Short-Term Energy Outlook, the EIA said it expected global oil production to add 1.8 million barrels daily this year and another 1.5 million barrels daily in 2026. In the United States ...

The recent move higher in oil prices is likely to be temporary as higher production causes benchmark crude prices to fall from their 2024 levels this year and next, the U.S. Energy Information ...

NEW YORK (Reuters) -Oil prices will be under pressure over the next two years as global production growth outpaces demand, the U.S. Energy Information Administration said on Tuesday in its Short ...

The agency says the global oil glut will expand in the next two years, putting downward pressure on energy prices. Oil production has been high, and is expected to increase further with output ...