World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with ...

Key Opec+ nations agreed to pause further output increases during the first quarter after rapidly ramping up production ...

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend ...

The Organization of the Petroleum Exporting Countries left its oil-demand outlook unchanged as it prepares to pause output ...

OPEC's latest monthly report maintains a forecast for solid global oil demand growth of 1.4 million barrels per day in 2026, ...

For now, Brazil’s rebound from November’s outages and OPEC’s steady outlook offer opposing snapshots of a market in flux, one ...

Brazilian oil output is rebounding from outages that removed more than 300,000 barrels a day last month, highlighting how ...

OPEC+ left early-2025 production targets unchanged but approved a major new mechanism to reassess each member’s maximum ...

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 ...

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

Jimsar shale oil demonstration zone in Xinjiang has reached its annual crude output goal of 1.7 million tonnes 22 days ahead ...

Escalating tensions could lead to a short-term squeeze in Venezuela’s supply, but a regime change away from Maduro could lead ...