A global shift in oil market dynamics is raising alarm across the U.S. shale sector, as the Organization of the Petroleum ...

Strong summer demand for driving fuels has provided some support to markets, but IEA data indicates inventories are already tipping into oversupply, with world oil stocks reaching a 46-month high in ...

Nigeria’s crude oil production in July exceeded its quota by the Organization of Petroleum Exporting Countries (OPEC), according to the Monthly Oil Market Report (MOMR) of OPEC published on Wednesday.

Saudi Arabia currently has more than 230 active drilling rigs operating across the country, according to data released by ...

Despite some short-term supportive factors for the market, oil prices continue to edge lower ahead of Friday’s Trump-Putin ...

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

OPEC now expects the global oil market to be tighter in 2026 than previously forecast, projecting stronger demand growth and slower rival supply expansion, Bloomberg writes.  The cartel raised its ...

OPEC+ producers raised their combined crude oil production in July by less than planned, with Saudi Arabia's supply data ...

Kpler data cited by OPEC shows that Russia provided 45% of India's total oil imports in June, compared to 44% in the previous month. Iraq accounted for 18% of deliveries, while Saudi Arabia accounted ...

OPEC+ is pushing back now with its production increase. That increase has kept crude prices low, which is helping propane ...

A survey on Friday found that OPEC oil production increased in July following an OPEC+ deal to increase production. However, ...

OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...