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

OPEC’s latest forecast dismisses the idea of imminent peak oil demand, projecting rising consumption through 2050 despite ...

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the International Energy Agency said on Friday, as refineries ramp up processing to meet ...

Supply is set to rise three times faster than demand this year, the International Energy Agency said, though seasonal factors ...

Oil was higher in the early Asian session. “Traders are mindful of rising geopolitical tensions in the Middle East,” ANZ Research analysts said.