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 ...

Iraq, Kuwait and the United Arab Emirates also raised production and exceeded their OPEC quotas, the IEA said. Iran’s ...

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

BEIJING/SINGAPORE (Reuters) -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement ...

Demand will continue to grow in developing economies, according to the oil cartel. Many groups, including the International ...

ODESSA, Texas (KMID/KPEJ) – 8 members of OPEC+ (Organization of the Petroleum Exporting Countries) say the organization will ...

OPEC and its allies are weighing a pause to their fast-tracked production revival once the final 550,000-barrel-per-day ...

You can see that even with the increase in several months, we haven't seen a major buildup in the inventories, which means ...

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