The developing relationship between OPEC+ and BRICS is significantly reshaping the global energy landscape. The coinciding ...

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...

Oil and gas exploration and production stocks have been on a rollercoaster ride over the past few weeks, marked by significant price swings in the commodity and heightened market uncertainty. This ...

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind output cuts, the International Energy Agency (IEA) said on Thursday, despite a ...

Analysts expect oil prices to remain subdued short term, with a slow recovery later in 2025 as U.S. output declines.

A drop caused by policy changes in the United States ... “We believe we are at a tipping point for U.S. oil production at current commodity prices.” OPEC’s contribution to falling oil ...

Oil gapped lower on OPEC perceptions and misconceptions ... OPEC+ announced its intention to increase production by 411K bpd from June. The change represents the phasing out of voluntary ...

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 ...

Oil prices are rising, even as production ramps up. Gold, on the other hand, is cooling off - not because of collapsing fundamentals, but thanks to a surprising wave of optimism. It’s the kind of ...

The ultimate depth and duration of this current price environment remains unclear,” said ConocoPhillips chairman and CEO Ryan ...

In its latest monthly market report Opec said that China’s oil ... production was 4.24 million bpd, up 1.4%, or 60,000 bpd from the 4.18 million bpd in 2023. China doesn’t disclose changes ...

It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of changes in OPEC+ ... impossible to keep oil market intervention at its ...