OPEC+ agreed Feb. 1 to keep oil production levels unchanged for March, reaffirming earlier decisions amid heightened ...

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. The World’s August oil production increased by 405 kb/d ...

The OPEC+ group is expected to maintain its oil production policy unchanged this weekend and affirm a pause in output hikes ...

・Oil production in October slipped by 73,000 bpd to 43.02 million barrels per day. ・OPEC reaffirmed its forecast of global oil demand growth of 1.3 million barrels per day this year. ・OPEC trimmed ...

By Ahmad Ghaddar and Olesya Astakhova LONDON/MOSCOW, Jan 26 (Reuters) - OPEC+ is expected to keep its pause on oil output ...

In an effort to boost revenue without driving up prices, OPEC and its allies agreed to continue taking a cautious approach to oil production, authorizing an increase consistent with earlier actions.

Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next year. This comes after the group spent most of this year increasing oil ...

LONDON, Oct 22 (Reuters) - Global oil prices are signalling that the market is tipping into a protracted period of oversupply, but the huge disparity in forecasts for OPEC’s production will likely ...

The U.S. Energy Information Administration quietly rewrote a key assumption about the global oil market this week: OPEC can produce more oil than previously thought. In its December Short-Term Energy ...

Oil has hit a new high of $139 a barrel, only six months after hitting the $100 mark. The continued rise is partly due to a shortage in supply and continued demand from market investors convinced the ...

The World’s September oil production increased by 737 kb/d to 86,033 kb/d, a new World Peak Oil All Time High. September’s World oil output W/O the US increased by 692 kb/d to 72,189 kb/d. Production ...