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

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...

Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it's a foregone conclusion,” Sankey said in an interview. Meanwhile, “low oil prices is one of the ...

Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supplies, despite earlier optimism ...

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

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...

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

Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official with knowledge of the ...

For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...

NEW YORK] Oil prices rose about 1.5 per cent to settle at a two-week high on Monday, after the US and China agreed to ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...