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

VIENNA: Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC), has affirmed ...

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.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.75 during the early Asian trading hours on ...

The African Energy Chamber (AEC) ( – the voice of the African energy sector – is urging OPEC member states and their allies ...

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

The world oil market may be tighter than it appears despite a supply and demand balance pointing to a surplus, the ...

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

The United Arab Emirates could further boost its oil production capacity after 2027 if that is what markets require, its ...

World Oil Outlook forecasts sustained oil demand growth through 2050, requiring nearly 19.5 million bpd of new refining ...

BINL is set to develop a $15bn refinery and Free Trade Zone in Ondo State, creating jobs and boosting economic activity with ...

VIENNA, July 10. /TASS/. OPEC+ nations are projected to increase their oil supply by 15 mln barrels per day (bpd) by 2050 compared to 2024 levels, reaching 64.1 mln bpd, while expanding their share of ...