Saudi Arabia confirmed its compliance with the OPEC+ production target, marketing 9.352 million barrels per day in June. A brief production excess was redirected as a contingency measure. OPEC+ plans ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...

Saudi Arabia's energy ministry confirmed the country's full compliance with its OPEC+ output target. In June, the crude supply was 9.352 million barrels per day, aligning with the agreed quota. Any ...

OPEC+ increases oil output amid falling prices and inflation relief, raising concerns over climate targets and green energy ...

Here's a look at what happened in oil markets in the week of July 7-11 and what the focus will be on in the days to come.

While Halliburton's valuation now appears reasonable, activity levels will likely need to stabilize before the stock rebounds ...

By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.

The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...

Oil prices rose on Friday, following US President Donald Trump's announcement of an upcoming statement concerning Russia, ...

It is all change at NNPC, says new CEO Bashir Bayo Ojulari, with the Nigerian state oil firm working on a multifront ...

Oil is expected to hold nearly 30% of the energy mix, while combined with gas it will stay above 50% through the period. "Oil underpins the global economy and is central to our daily lives," OPEC said ...