The International Energy Agency has hiked its forecasts for global oil supply this year and next, while noting that 2025 ...

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

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 ...

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 ...

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

According to data released by the World Of Statistics, these are the top 10 olive-producing countries in the world.

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

The Global Crude Oil Landscape: 2023's Top Producers In the ever-evolving world of energy production, crude oil remains a ...

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 ...

Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...