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 ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Morgan Stanley analysts reshuffled their ratings on European energy major, upgrading TotalEnergies to Overweight but ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it's a foregone conclusion,” Sankey said in an interview. Meanwhile, “low oil prices is one of the ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
Oil prices shed 2% Monday to end at a fresh four-year low after OPEC and its market allies this weekend confirmed plans to boost output again in June despite slumping fuel prices. Benchmark U.S ...