Despite pledges to increase production, OPEC+ saw a decline in collective output in April, driven by shortfalls in sanctioned ...

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC oil-producing countries. World oil production decreased by 231 kb/d in ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

OPEC's latest report projects slower oil supply growth from non-OPEC+ producers due to declining upstream investments in 2025 ...

Oil is one of the main drivers of economic growth in Africa. It fosters international relationships, attracts foreign investors, and is also a major source of revenue. Political instability, oil theft ...

Kazakhstan, which has created tensions within OPEC+ by consistently breaching its production limit, has no plans to cut oil ...

Liquids supply from countries not participating in the Declaration of Cooperation (non-DoC) is expected to grow by 0.8 mb/d in 2025 to average 54.0 mb/d. Liquids output in the OECD (excluding Mexico) ...

Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of ...

Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of driving down already very low prices. Saudi Arabia, along with Russia and ...

A report from commodity experts at S&P Global suggests that President Donald Trump’s push to boost domestic oil output may ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

OPEC’s crude production fell last month despite the ... Output from the Organization of the Petroleum Exporting Countries shrank by 200,000 barrels a day in April to 27.24 million a day ...