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 ...
Hedge funds chopped their bullish position on US crude to the lowest on record as the OPEC+ alliance’s latest decision to ...
The cartel held its oil-demand forecasts steady after agreeing to raise production again next month, doubling down on its ...
The company says it’s part of streamlining and restructuring, but it’s worth noting a number of other oil companies have ...
OPEC made no changes on Thursday to its relatively high global oil demand growth forecasts for this year and next, and said ...
The Organisation of the Petroleum Exporting Countries (OPEC) in its Monthly Oil Market Report (MOMR) for September 2025 ...
The cartel still expects global oil demand to expand by 1.29 million barrels a day in 2025 and by 1.38 million barrels a day ...
Russian oil production increased in August to 9.173 million barrels per day, up 50,000 bpd from July, OPEC monthly data ...
OPEC+ will likely raise oil output on Sunday but probably add less oil from October than in recent months as global demand might be slowing with the end of the driving season, OPEC+ sources said on ...
OPEC’s view of global oil demand growth was left unchanged as of today’s September Monthly Oil Market Report, at 1.3 million ...
In a show of confidence in the market, the group, led by Saudi Arabia, said it would begin unwinding a further set of agreed ...
Crude oil futures rebound as buyers defend support. OPEC and IEA split on oil outlook, while Russia and Middle East risks ...