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

Oil (CL=F, BZ=F) prices hover below $70 a barrel after Saudi Arabia raised its crude output above its OPEC+ quota. Yahoo ...

Crude oil futures firmed up gains for the week on prospects of potential US sanctions on Russian oil and reports that OPEC+ is considering a pause in production increases after August.

Saudi Arabia is asking the companies that OPEC uses for independent analysis of oil-production levels to submit a lower figure for the kingdom’s June output, according to people familiar with the ...

BEIJING/SINGORE -Oil prices rose on Friday after U.S. President Donald Trump said he would make an announcement regarding Russia, raising the prospect of more sanctions on the major oil producer, ...

Venezuelan state-run PDVSA's oil sales abroad in 2024 stood at $17.52 billion, according to a results document seen by ...

Saudi Arabia reportedly overshot its June oil production quota by 700,000 barrels per day, raising questions about OPEC+ ...

Saudi Arabia raised crude output far above its OPEC+ quota last month, joining other producers in a rush to export oil out of ...

BofA said it still expects the Brent price to average $64/bbl in H2. On Friday morning, London-based September Brent prices traded at around $70/bbl, which was well below their 2025 high at above ...

The oil market is absorbing additional crude supplies from Opec+ without creating excess inventories, underscoring robust ...

Conflicting supply/demand market signals this week had oil prices gyrating daily. The second-consecutive weekly inventory ...

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.