News

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Oil prices rose about 1.5% to settle at a two-week high on Monday, after the U.S. and China agreed to temporarily slash ...
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
For import-reliant Asia, the Opec+ output rise is a welcome development. Markets are still on edge over US-China trade ...
Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official with knowledge of the ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...