This means that the country surpassed OPEC's target for the second month in a row. The report said the production figures were obtained through direct communication with Nigerian authorities. OPEC ...

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.

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 ...

India is poised to increase its reliance on West Asian oil suppliers like Saudi Arabia, the UAE, and Iraq, as the US intensifies pressure on Russian crude imports. This shift comes as discounts on ...

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 ...

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