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

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

Statistical Review highlights the US's continued leadership in oil production and consumption, global demand reaching new ...

According to the Energy Institute’s (EI) latest statistical review of world energy report, which was published recently, the ...

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...

In an exclusive interview with Upstream, SBM Offshore's chief business officer, Olivier Icyk, discusses the company's plans for E&P hot spot Namibia, following a string of successes in South America ...

BP said it anticipates higher oil production and trading revenue in the second quarter, helping to offset falling fuel prices ...

The U.S. Environmental Protection Agency last month proposed to increase the amount of biofuels that oil refiners must blend ...

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.

Major oil producers meet this weekend to decide on August production levels Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market ...

Gold has overtaken the euro as the world’s second-largest reserve currency, and I expect it to surpass the US dollar. Read my ...