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

Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...

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

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

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.

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

Last week, Siva Gunda, the Vice Chairman of the California Energy Commission, submitted a set of recommendations around oil refining and production to the governor.

Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $66.85 during the early Asian trading hours on Tuesday. The WTI price edges lower amid oversupply concerns triggered by the ...

Crude oil prices (CL.1) fell Sunday after the Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in ...

Oil prices are expected to fall in the coming autumn months due to the emerging oversupply, according to experts. Supply in ...