News

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
Oil prices rose more than $2 in Asian trading on Monday after the U.S. and China said they would ease some of their tariff ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
The latest boost came as high-level trade talks between the US and China concluded on a positive note Sunday. US officials ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
The lower export plan is part of Iraq's efforts to deliver on its schedule of compensation cuts pledged to OPEC+ ...
Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...