OPEC, together with its allies, is increasing oil production and anticipates "very strong" demand in the third quarter, with ...

The oil cartel OPEC will soon be old enough to retire, but will oil be phased out as the world embraces the green revolution? OPEC+ made two big news headlines within the last week: hosting 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 ...

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

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

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

NNPC plans to push for a 25% increase in Nigeria’s oil output quota by 2027, citing refinery growth and improved production.

The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in August in a move that could further reduce gas prices.

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...

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