Russia aims to fully compensate for exceeding its OPEC+ oil production quota by August and September. The government is also ...

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower ...

Russia intends in August and September to fully compensate for previously producing oil in excess of its OPEC+ quota, in line ...

By bnm Tehran bureau Iran topped global crude oil production growth in 2024, increasing output by 374,000 barrels per day (bpd) to achieve a 13% rise, according to OPEC's latest statistical bulletin.

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

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

Saudi crude exports to China will reach their highest level in two years in August despite higher prices and rising ...

West Texas Intermediate (WTI) Oil price retraces its more than 2% losses registered in the previous session, trading around $66.10 per barrel during the Asian hours on Friday. Crude Oil prices receive ...

OPEC ministers, top energy firm CEOs and oil and gas analysts and traders gathered for the OPEC Seminar in Vienna this week.

Saudi Arabia is poised to increase its crude oil exports to China, reaching their highest level in over two years.

OPEC+ plans to finalise a 2.2 million-barrel-per-day supply restoration by September and is deliberating halting further ...

Iran recorded the highest increase in crude oil production among all countries in 2024, boosting its daily output by 374,000 ...