OPEC on Tuesday raised its global oil demand forecast for next year and trimmed its estimate for growth in supply from the ...

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

Saudi Arabia's crude oil exports slipped in June to their lowest level in three months, according to data from the Joint ...

Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...

Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.Lokpobiri said ...

The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives ...

The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.

The world faces a record glut of oil next year as a Saudi-led cartel ramps up production – just as global demand slumps.

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

U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...

Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...