A confirmed breakout above this level could expose the 61.8% Fibonacci retracement at $69.98. Structurally, WTI is forming a ...

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.

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

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