News

China accelerated the pace at which it is building crude oil stockpiles in June as the strongest imports in almost two years ...
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 aims to significantly increase its domestic Crude Palm Oil (CPO) production from 0.35 MT to 2.3 MT by 2029 through the ...
The average daily crude production of Nigeria increased above the quota allocated to it by the Organisation of the Petroleum ...
Several major oil-producing countries—including the UAE, Iraq, Saudi Arabia, Brazil, and Guyana—are expanding production ...
Speaking to Argus Media, NNPC’s Group Chief Executive Officer, Bashir Ojulari, said the country’s current crude oil output is ...
U.S. shale drillers are reducing activity as falling crude oil prices and rising costs push profitability into a danger zone, ...
Crude oil prices edged higher as the oil market's response to OPEC+'s larger than expected production increase remains muted, ...
Giant shovels, driverless trucks and a dog-like robot have all helped Canada's oil sands companies including Imperial Oil and ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
A decrease in crude oil held worldwide on tankers is bullish for oil prices. Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days fell by -4.6% ...
India's crude oil production has decreased to 28.7 MMT in FY25, maintaining a self-sufficiency of 12.3%. LNG imports ...