World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...
The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...
The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...
Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...
The focus of this post is an overview of World oil production along with a more detailed review of the top 11 Non-OPEC ...
For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...
OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...
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What Is OPEC And Why Do Its Decisions Matter?
OPEC initially began with five countries, which are Iran, Iraq, Venezuela, Saudi Arabia, and Kuwait, to end the dominance of the so-called ‘seven sisters’ Western oil companies and maintain stable oil ...
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New OPEC Plan Sets Off a Global Race for Spare Capacity
OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...
Russian oil production edged up in November to 9.367 million barrels per day, up 10,000 bpd from October, after the OPEC+ ...
Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...
Oil prices rose more than 1% on Monday following drone attacks by Ukraine, the closure of Venezuelan airspace by the United ...
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