Sara Vakhshouri, President of SVB Energy International, also talks about the other dynamics at play in the oil market, ...
The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...
Jimsar shale oil demonstration zone in Xinjiang has reached its annual crude output goal of 1.7 million tonnes 22 days ahead ...
World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...
The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...
Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...
OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...
For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...
OPEC initially began with five countries, which are Iran, Iraq, Venezuela, Saudi Arabia, and Kuwait, to end the dominance of the so-called ‘seven sisters’ Western oil companies and maintain stable oil ...
OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...