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 ...

Saudi Arabia is increasing oil production, a move that could drive down prices and put pressure on U.S. shale producers.

Oil prices eased on Tuesday from a two-week high, weighed down by concerns about rising supplies, despite earlier optimism ...

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 ...

U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.

Oil prices have slumped this year. Several factors have weighed on crude oil prices, including OPEC's decision to increase ...

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...

Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and ...

Israel prepares major Gaza operation that may forcibly relocate civilians and risks escalating regional tensions.

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...

NEW YORK] Oil prices rose about 1.5 per cent to settle at a two-week high on Monday, after the US and China agreed to ...