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Eight producers, led by Saudi Arabia, will continue boosting production despite forecasts that supply will soon exceed demand ...
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...
A group of countries that are part of the oil cartel OPEC+ have agreed to boost oil production, which some believe could ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
Nigeria's oil production exceeded 1.5 mbpd in July, surpassing its OPEC quota for the second consecutive month, solidifying ...
OPEC+ members have agreed to a second consecutive production increase this year, effectively ending voluntary cuts on ...
OPEC+ members have agreed in principle to make another bumper oil production increase of about 548,000 barrels a day for ...
U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...
Crude oil prices lost their shine after the OPEC production increase. It hit an intraday low of $65.68 and is currently ...
Global oil demand is set to grow by 1.38 million barrels per day (bpd) in 2026, OPEC said on Tuesday as it raised its ...
March’s production increased by 869 kb/d to 45,459 kb/d for these eleven Non-OPEC countries, while as a whole, the Non-OPEC countries saw a yearly production increase of 674 kb/d to 54,188 kb/d.