Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has raised production ceilings—137,000 bpd in April, 411,000 bpd in May and June, ...

Oil steadied as traders weighed a large increase in US crude stockpiles and a wave of new tariff rates from President Donald ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

Bob McNally, Rapidan Energy Group founder and president, discusses OPEC+'s recent decision to increase oil production for the ...

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. Read more here.

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Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in ...

Saudi Arabia's drive to rapidly increase OPEC+ oil output may put Riyadh in the pole position to regain market share today ...

Oil declined after OPEC agreed to a bigger-than-expected production increase next month, raising concerns about oversupply just as US tariffs fan fears about the demand outlook.

Energy ministers talked through production capacity, investment and the green transition at this week’s OPEC conference in ...

Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...

The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...