Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...

After biggest loss for producers since 2020 the slide could continue, with global output expected to remain high ...

There’s a record 1.4 billion barrels of crude currently on the world’s oceans, pushing down benchmark prices and sending ...

West Texas Intermediate was above $57 a barrel, posting declines heading into the New Year break, while global benchmark ...

China now drives short-term oil price moves as its opaque import patterns, refinery margins, and strategic stockpiling ...

Oil prices edged higher for a second day as markets eyed geopolitical risks as a potential catalyst. Read more here.

Oil prices are barreling toward their worst year since the Covid crash. A flood of non-OPEC supply and cooling demand has ...

The latest flare-up between Saudi Arabia and the United Arab Emirates over Yemen looks dramatic on the surface, but OPEC ...

Iraq is seeking to increase its OPEC oil quota by 300,000 bpd, potentially generating $10 billion annually to bridge the ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says that Nigeria produced a total of 443.25 million barrels of ...

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. The World’s May oil production decreased by 6 kb/d to 83 ...

NEW DELHI, Jan 17 (Reuters) - OPEC's share in India's crude oil imports edged up in 2024, rising for the first time in nine years, while top supplier Russia's share remained steady, data obtained from ...